Jump to content



Photo

Who is the subprime lender to go away today?


  • Please log in to reply
7 replies to this topic

#1 greenie

greenie

    Member

  • Traders-Talk ~
  • 3,184 posts

Posted 13 March 2007 - 09:04 AM

Although it is a close race among so many, yesterday's leader (excluding NEW, which did not even trade) is having a great performance today !!!!

http://stockcharts.c...&i=0&r=346&.png


This is the only situation, where parabolics go to infinity and not come back.

http://stockcharts.com/c-sc/sc?s=$ONE:LEND&p=D&b=5&g=0&i=0&r=3510&.png

Edited by greenie, 13 March 2007 - 09:06 AM.

It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#2 spielchekr

spielchekr

    Member

  • Traders-Talk User
  • 3,104 posts

Posted 13 March 2007 - 09:20 AM

Here's a s**tlist.

#3 jawndissedi

jawndissedi

    Member

  • Traders-Talk User
  • 1,018 posts

Posted 13 March 2007 - 09:29 AM

Time to start focusing on the fab four.
:bear:
Da nile is more than a river in Egypt.

#4 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 13 March 2007 - 09:32 AM

Maybe what you are seeing is the bottoming for the sector?
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#5 jawndissedi

jawndissedi

    Member

  • Traders-Talk User
  • 1,018 posts

Posted 13 March 2007 - 09:51 AM

Maybe what you are seeing is the bottoming for the sector?


Sector will bottom in 2009. Greenie's probably going to find that a little optimistic, but I always try to look on the bright side. :D :rolleyes: :D
Da nile is more than a river in Egypt.

#6 greenie

greenie

    Member

  • Traders-Talk ~
  • 3,184 posts

Posted 13 March 2007 - 10:01 AM

If you are talking about the lending sector, I am expecting a bottom much sooner. NEW bottomed yesterday, some of the other subprime lenders will bottom this week or next. Then it will be the turn of the Alt-A lenders, sometime in 2-3 months. Also, I am expecting Bizarre homes to 'bottom' in the coming months - at least it is heading that way :D . I am also keeping my eye on COF. They stopped sending junk mails lately. Ready to make that last run for the 'bottom' ? Are we speaking the same language here? :D :D
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#7 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 13 March 2007 - 10:11 AM

I'm watching WM. They are digging the hole deeper today.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#8 jawndissedi

jawndissedi

    Member

  • Traders-Talk User
  • 1,018 posts

Posted 13 March 2007 - 10:14 AM

If you are talking about the lending sector, I am expecting a bottom much sooner. NEW bottomed yesterday, some of the other subprime lenders will bottom this week or next. Then it will be the turn of the Alt-A lenders, sometime in 2-3 months.

Also, I am expecting Bizarre homes to 'bottom' in the coming months - at least it is heading that way :D . I am also keeping my eye on COF. They stopped sending junk mails lately. Ready to make that last run for the 'bottom' ?


Are we speaking the same language here? :D :D

:lol:
Point well taken -- I'll amend my forecast: bottom for about half a dozen lenders is dead ahead.
Da nile is more than a river in Egypt.