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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (91543)11/23/2009 4:13:51 PM
From: clochard  Respond to of 94695
 
Going long and hold is a crowded trade if all the investing public do is throw money into the market every month via their 401k. Makes no sense at all to hold any stock if everyone else is bidding them too high.



To: fred woodall who wrote (91543)11/23/2009 5:33:38 PM
From: GROUND ZERO™  Respond to of 94695
 
Very true, but I trade, I don't invest, it's worth a short for the next day just to see what happens, I could always get stopped out...

GZ



To: fred woodall who wrote (91543)11/24/2009 5:52:57 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I just got stopped out of my short at 1093.50, no overnight break, so now I'm long once again... maybe another rally is coming...

GZ



To: fred woodall who wrote (91543)11/24/2009 1:25:22 PM
From: puborectalis  Respond to of 94695
 
WASHINGTON - Nearly one in four U.S. borrowers owe more on their mortgage than their home is worth, a worrisome sign that the housing recovery could be threatened by a wave of defaults, the Wall Street Journal reported on Tuesday.

The newspaper said almost 10.7 million households, or 23 percent of mortgage holders, were underwater in the third quarter, and 5.3 million have mortgages that are 20 percent higher than the value of their home as prices have plummeted since the recession began.

The report cited a survey by First American CoreLogic, a Santa Ana, Calif.-based real estate information company, which said more than 520,000 of the borrowers have received a default notice.