tag:blogger.com,1999:blog-6492542366661862113.post5541267271244831146..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Commercial Loans: The Next Potential Bailout?Jeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6492542366661862113.post-618877489041957742008-12-23T09:19:00.000-08:002008-12-23T09:19:00.000-08:00Yeah I just saw that tooWe will get it back. Some...Yeah <BR/><BR/>I just saw that too<BR/><BR/>We will get it back. Some of these divi's<BR/>on the proshares are big.<BR/><BR/>Take a look at SDS. I bet some SDS owners had heart attacks when they saw this tape before they learned of the divi.<BR/><BR/>Man, the market sure didn't like Biden's speech.<BR/><BR/>The market tanked as soon as he started talking about Obama's job plan.<BR/><BR/>Its going to be interesting to see if we get an Obama bounce heading into the inaugeration.<BR/><BR/>I am not so sure anymore. The market internals are terrible this week. Its also a holiday week so you can't read too much into it.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-61197349598276265572008-12-23T08:49:00.000-08:002008-12-23T08:49:00.000-08:00Jeff,my fault. Dividend is $4.57. Ex-dividend day....Jeff,<BR/><BR/>my fault. Dividend is $4.57. Ex-dividend day. So SRS is pretty flat.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-73363072154185554792008-12-23T07:48:00.000-08:002008-12-23T07:48:00.000-08:00its $4 down again todayThis sucker has bailout wri...its $4 down again today<BR/><BR/>This sucker has bailout written all over it.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-79956542930119830862008-12-22T23:00:00.000-08:002008-12-22T23:00:00.000-08:00RGD: FYI SRS was up 8$ till the last 5 mins, becau...RGD: <I>FYI SRS was up 8$ till the last 5 mins, because of the payout rebalanceing tommrow</I><BR/>I don't understand what you mean. Are you saying SRS dropped like a stone the last 10-15min in trading because today SRS holders will get 2 Cents for every share?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-83936478182305809902008-12-22T19:02:00.000-08:002008-12-22T19:02:00.000-08:00RGDI agreeWe are way oversold here. Just giving y...RGD<BR/><BR/>I agree<BR/><BR/>We are way oversold here. <BR/><BR/>Just giving you a heads up on a potential sticksave bailout. I have been burned on a few this year. <BR/><BR/>That being said, they don't seel to be pumping the market as much now.Jeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-60689961788041929652008-12-22T18:43:00.000-08:002008-12-22T18:43:00.000-08:00Jeff,IYR is what you need to watch if it breaks th...Jeff,<BR/><BR/>IYR is what you need to watch if it breaks the up trend line, a clean break of it SRS will go parbolic, thats why SRS is down 80%in a month, we sre about to post sell signals on it, if we do a 50% retrace on iyr we could see srs over 120Nate Davenporthttps://www.blogger.com/profile/14024820962564492280noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-19517662720444236202008-12-22T18:32:00.000-08:002008-12-22T18:32:00.000-08:00RGD Great info. Thanks. Here is something I just ...RGD <BR/><BR/>Great info. Thanks. <BR/><BR/>Here is something I just picked up on Reuters. Commercial pressing hard for TARP money:<BR/><BR/>NEW YORK, Dec 22 (Reuters) - A group of trade associations <BR/>representing the U.S. commercial real estate industry is lobbying to <BR/>be included in the U.S. Federal Reserve's $200 billion asset-backed <BR/>bailout plan in order to head off a wave of foreclosures over the next <BR/>few years. <BR/><BR/><BR/>In a letter to U.S. Treasury Secretary Henry Paulson, industry <BR/>organizations have asked that the $200 billion Term Asset-Backed <BR/>Securities Loan Facility (TALF) provide guarantees or financing, or <BR/>purchase highly rated asset-backed securities collateralized by new or <BR/>recently originated mortgages. <BR/><BR/><BR/>The program, aimed at unsticking frozen consumer credit markets such <BR/>as auto loans, student loans and credit cards, was funded at $200 <BR/>billion from the Fed, with the first $20 billion in losses to be <BR/>covered by the Treasury. <BR/><BR/><BR/>Paulson said when the TALF program was announced it could expand to <BR/>include commercial or nonagency residential mortgage-backed <BR/>securities. <BR/><BR/><BR/>The Treasury acknowledged receipt of the letter and referred questions <BR/>to the Federal Reserve. <BR/><BR/><BR/>Members of the group have met with U.S. congressional leaders, <BR/>according to the Real Estate Roundtable, which represents 16 national <BR/>real estate trade associations. <BR/><BR/><BR/>The seizure of the global credit markets has all but shut down the <BR/>commercial mortgage-backed securities (CMBS) market, a chief source of <BR/>funding for the recently ended commercial real estate boomJeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-33204866195207747942008-12-22T18:24:00.001-08:002008-12-22T18:24:00.001-08:00FYI SRS was up 8$ till the last 5 mins, because of...FYI SRS was up 8$ till the last 5 mins, because of the payout rebalanceing tommrow, also IYR is the true tell tail of SRS we break 34.70 to the down side SRS will do a lift off into low orbit.<BR/><BR/>http://www.marketwatch.com/news/story/proshares-etfs-declare-capital-gain/story.aspx?guid={C95E645B-C7EC-4E06-9AED-481D88EE71F2}&dist=msr_5Nate Davenporthttps://www.blogger.com/profile/14024820962564492280noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-85242596480602273192008-12-22T18:24:00.000-08:002008-12-22T18:24:00.000-08:00GrowlerThats a tough call.I can see a roll over. ...Growler<BR/><BR/>Thats a tough call.<BR/><BR/>I can see a roll over. I can also see a vigorous attempt to prop up the markets and do a little window dressing year end.<BR/><BR/>Good luck trading!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-61472215571858912682008-12-22T18:08:00.000-08:002008-12-22T18:08:00.000-08:00My 85.93 call on the SPYs was off by $0.50. My si...My 85.93 call on the SPYs was off by $0.50. My sincere apologies. : )<BR/><BR/>As much I want to remain agnostic, I think were gonna roll-over; sans rally. <BR/><BR/>A few support areas that should have held were dropped through. <BR/><BR/>Doesn't bode well. <BR/><BR/>Have a good one...<BR/><BR/>GGrowlerhttps://www.blogger.com/profile/15157589177057003376noreply@blogger.com