5 replies to this topic

[Rogerdodger]

It was on the news today that 1/2 of all Tulsa County's civil court cases are foreclosures.
This week's updated sheriff's list was 30 pages. List

Good thing the unemployment rate is a very low 4.2%.

Edited by Rogerdodger, 01 March 2007 - 11:29 PM.

[da_cheif]

i seen that.......most of those are burned out dope houses in the slums.....detroit has the same blite......all it does is lend fodder to the spin about a housing crash........meanwhile TOL bros stock went from 22 to 36

[Rogerdodger]

most of those are burned out dope houses in the slums

Actually very few are. It seems to be across the board foreclosures.
Of course since we have record home ownership, record foreclosures should be a given.
The stupid sub-prime loans put many people in homes who can't manage money.
Others who "want-it-now" used their ever increasing-in-value homes as an ATM.
DUH!

Edited by Rogerdodger, 01 March 2007 - 11:42 PM.

[da_cheif]

its never ending.......a free economy lets everybody play at risk..........chits allways happening someplace.......meanwhile the bull mkt just keep popin along.....and some places are goin nutz with prosperity......of course u dont read about all the boomin ******** in the newspapers...........ill know the economy is in bad shape when i can get a table at outback on a saturday nite without waitin.......-g-

[greenie]

meanwhile the bull mkt just keep popin along

why do my long positions keep going down then?????

[OEXCHAOS]

bad stock picker? Kidding! Really, though, the damage in a number of issues is modest and ChartSmarts has been doing surprisingly well on the long side over the past couple weeks. This isn't a Bear market, guys. Mark