sell! sell! sell!

[tiznow]

wow going for triple red even this bear is amazed

that was a weak ass bear shake

still on track for this bear leg which will head to a lower low

-----------

jdog it ain't about the past dude

WE ARE HEADING FOR A RECESSION THE GAME IS CHANGING

LAST 5 YEARS WAS AN INFLATIONARY BULL THAT STARTED AT HIGH VALUATIONS TO MOP UP THE TECH BUBBLE MESS AND CREATE MORE BUBBLES YOU ARE RIGHT ABOUT THAT BUT THAT TIME IS OVER

 

[tiznow]

haha instant message from a friend

Which will hit 15 first? CTX -190 vs. KBH

good shit made me laugh at least

 

[Brooklynbomber]

big f'n deal.....you guys make too much of a recession. it is a very healthy proccess.

what makes a recession worse is the gov't trying to avoid it for poitical purposes, creating massive inflation

are you hurting? am I? 90% of the people on these boards? your friends? mine? NO

 

[tiznow]

.

 

[tiznow]

big f'n deal.....you guys make too much of a recession. it is a very healthy proccess.

what makes a recession worse is the gov't trying to avoid it for poitical purposes, creating massive inflation

are you hurting? am I? 90% of the people on these boards? your friends? mine? NO

yeah people are hurting so they gonna stop spending beyond their means and taking on more credit?

demand for finished goods will drop

so what's your point?

the dems will try to pick up the slack with massive government spending

 

[Brooklynbomber]

I give up with you tiz. you'll just have to learn the hard way. GL

 

[tiznow]

maybe i will

but we'll see if you in turn give up at sub 10k dow which i think we are bound for in a year or two

looks like my bloody bear photo jinxed the triple red anyway its just noise in a bear leg

see you at sub 1275 S&P in a few weeks or so

 

[tiznow]

ah ha!!

congress steps in to give the bulls some good news to stop the bear fun

---------------

Senate breaks stimulus stalemate
By ANDREW TAYLOR and JULIE HIRSCHFELD DAVIS,
Associated Press Writers
20 minutes ago



Senate Republicans and Democrats agreed Thursdsay to add rebates for 20 million seniors and 250,000 disabled veterans to a House-passed economic aid package, ending a partisan stalemate over the plan.

The key breakthrough came when Democrats, under pressure from party colleagues in the House, agreed to drop their insistence on adding jobless benefits, heating aid for the poor and business subsidies, and said they would allow a vote on a plan that merely extends the tax rebates to Social Security retirees and disabled veterans.

The package would rush tax rebates of up to $600 for individuals and up to $1,200 for couples to most taxpayers and grant businesses tax cuts in hopes of reviving the economy.

 

[tiznow]

your daily housing doom and gloom to counteract the bull noise of rebates that isn't gonna help much at all

most people gonna spend it on necessities by may/june or stash it way for a later day

----------------

OFHEO's DeMarco-Mortgage delinquencies on the rise
Thu Feb 7, 2008 3:06pm EST
By Lynn Adler

NEW YORK, Feb 7 (Reuters) - Serious mortgage delinquencies are rising on subprime loans to a rate not seen since the 2001 recession, and have spread well beyond riskier loans to areas previously deemed much safer, a top housing regulator said.

Edward DeMarco, deputy director of the Office of Federal Housing Enterprise Oversight, told an audience of securities analysts that his organization in March would begin publishing a monthly index of home prices in an effort to better track trends.

Previously, OFHEO, which oversees government-sponsored enterprises Fannie Mae (FNM.N: Quote, Profile, Research) and Freddie Mac (FRE.N: Quote, Profile, Research), had only published a quarterly home price index.

"For subprime loans, the seriously delinquent rate is now approaching levels of the 2001 recession," DeMarco said. "The difference, of course, is that there are now over two times more subprime loans outstanding than there were in 2001."

"We're all hearing, and certainly the books of the two enterprises are showing, that delinquences are spreading to other parts of the real estate market," he added.

OFHEO's index tracks average single-family house price changes in repeat sales or refinancings of the same homes, and is based on data from Fannie Mae and Freddie Mac.

In its most recent report, on Nov. 29, OFHEO reported the first quarterly home price drop in 13 years in the third quarter of 2007, dragging down the annual price appreciation to the slowest pace since 1995.

Adding a monthly report "has actually been in the works for a while, just to make the data we report more timely," DeMarco told Reuters on the sidelines of the New York Society of Security Analysts forum.

Another closely watched home price gauge is reported on a monthly basis: the Standard & Poor's Case-Shiller series. S&P/Case-Shiller also provides quarterly views.

"Both indices have fallen off a cliff recently," DeMarco told the analysts.

 

[tiznow]

jdog if you really think we can have a housing collapse of this magnitude (the above article saying its as bad as 2001 already) and we don't fall into a recession regardless of how much money the fed throws at the problem you are smoking a bit to much reefer IMO

 

[tiznow]

haha rebate check bear shake over now too

dow red, NAZ and S&P on deck with 13 min left

this pig is toast

 

[Dawoofdaddy]

looks like my bloody bear photo jinxed the triple red anyway its just noise in a bear leg

Thats been the norm.

Nice work.
:toast:

 

[Dawoofdaddy]

haha rebate check bear shake over now too

dow red, NAZ and S&P on deck with 13 min left

this pig is toast

Some real talent you have...rallied seconds after this post.

:toast:

 

[tiznow]

well after all the daily noise

triple green dow up a whopping 47

party it up bulls high fives all around arty:

yahoo finance says its bargin hunting time get to work!!!

the fed has your back rate cuts can indeed keep us afloat

rebate checks will work wonders too

just looks at how well it worked during 2000-2002

the housing collapse is bottoming soon as well

get on board the hyperinflationary bull train where everything besides the dollar magically goes up to infinity

sorry for the sarcasm just can't help myself

 

[tiznow]

Some real talent you have...rallied seconds after this post.

:toast:

yeah glad someone getting a laugh outta it

my ranting is just boredom watching the markets

i'm not trading or differing any positions

my most near term opinion that means something to my positions, is this is a new bear leg and we heading for lower lows before it bottoms

there will be noise that i will have fun with in between

if usd:yen can break 108 to upside my bear leg opinion might change

 

[Dawoofdaddy]

yeah glad someone getting a laugh outta it

today, I got more than a laugh from it.

:drink:

 

[tiznow]

i'm moonbat kook bear sheep, i'm all over the map, what can i say ope:

 

[tiznow]

Cisco is not only a major component within the nasdaq 100, its also a high market cap stock, so real money is being flushed down the toilet when it falls. New CSCO 52 week low after todays ah trading and still down 75% from the top of the 2000 bubble.

There really is no reason to be upset about the market falling. Find a way to short something and sit if you can, daytrade it on the short side sometimes, or exit altogether.

The market should have kept falling in 2002, but the fed decided to trash the dollar and try to print prosperity. Look at what the indexes have done since 2002 weighed vs. the dollars fall, and discover it was all a mirage.

Id like to see another nasdaq crash similar to 00-02 (-82%).

A crash like that and it will be like picking up diamonds on the beach for a while.

we can poke fun at each other for near term comments DAW

i just don't really care to unless i'm feeling defensive

lets call a truce :lol:

that said LONG TERM i think your on the right track with the above comments

 

[Dawoofdaddy]

at 232 pm you posted #4434 that you doubted the market would go red. (sell signal) for faders. The market sold off.

at 311 pm post #4444 you posted a stupid bear photo. (buy signal) for faders. The market rallied.

at 328 pm post #4447 you posted admitting your bear photo jinxed the sell off. (sell signal) for faders. The market fell.

at 347 pm post 4451 you posted dow was again red and rest were on deck. (buy signal) for faders. market rallied into closing bell.

There was plenty of money to be made today both long and short tiznow...same as everyday.

Your minute by minute updates what the market is going to do next have become very valuable, so dont quit posting.

I dont see anything in my post that mentioned I was short csco, do you?

All I know today is that I did make a few bucks stone cold fading your rants the last couple hours.

4 trades, 4 fades, 4 winners.

NOT ONLY WERE YOUR POSTS VALUABLE, FADED CORRECTLY, THEY CALLED TO THE TICK THE MARKETS' NEXT MOVE.

Thanks.

 

[Dawoofdaddy]

Chart of daily s&p action.

Have a good weekend man, I may not be around tomorrow to post.