30 replies to this topic

[atlasshrugged]

and?..

.....and the stock market will follow the same path of 1929-1932

what in the heck do you think it has just done the past 6 months ...jee wiz

[Swiss Trader]

and?..

.....and the stock market will follow the same path of 1929-1932

Its all in your head....

In my head?

I hope to see again 920/950 SPX to short the next 400 point down move

Edited by Swiss Trader, 25 November 2008 - 03:42 PM.

[IYB]

Where do you get this info on rates IYB.....What is it your looking at???
Thanks

This is inside industry info that I get directly from the lenders with whom I have agency agreements - not public information. I access the rates by rate sheets that are emailed to me, as well as by logging on to secure web sites for my affiliate lenders.

Incidently, Looks like Countrywide and CMG backed off just a little, from 5.25% at par to 5.375% at par on 30-year. I hope it wasn't another false start. More likely it's lenders greed in reaction to the flood of locks pouring in- widening their profit margin because the market will bear it. We'll see......

[eminimee]

What ever...don't be short.....as long as we are above 838 Es...midnight crawlers expected..

[IYB]

But OTOH, Wells Fargo just posted IMPROVED rates, close to 5.125% par for 30-year. Personally, I'm holding my breath to see if this holds and follows thru vs. failing, because the implications are massive.....

[vitaminm]

to start


http://www.bankrate....te/mtg_home.asp

Where do you get this info on rates IYB.....What is it your looking at???
Thanks

[CNSZ]

Lets get the party started. I'm long and loaded. All signs point to a rally coming.

I am long and loaded too, the world is not going to end tomorrow.

[pwildbil]

Thanks IYB......Insider info!! I was wondering.....I used to watch the 10year note as 30yr mortgages rates tracked them pretty good(about a point above) but since this financial crisis they dont track anymore!! Thanks for the link to bankrate.com also

[sjj]

"Seven Sentinels Sell Signal given last Weds is valid, market in downtrend, and decline will resume soon, at least according to my work" Have the Seven Sentinels moved to a buy?

Edited by sjj, 25 November 2008 - 11:55 PM.

[dcengr]

Hope?