tag:blogger.com,1999:blog-6492542366661862113.post977407202136188597..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Auto Bailout Fails to Ignite StocksJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-6492542366661862113.post-86268108232101897812008-12-20T14:28:00.000-08:002008-12-20T14:28:00.000-08:00GrowlerJust threw up a post around the bailouts an...Growler<BR/><BR/>Just threw up a post around the bailouts and SRS.<BR/><BR/>The Fed has lost its mind!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-88978218572484955412008-12-20T13:42:00.000-08:002008-12-20T13:42:00.000-08:00Don't get me wrong, I'm leaning towards th...Don't get me wrong, I'm leaning towards the market rolling over and soon (see oil's weakness and dollar's strength via deflation). But, the only rationale I can give to the bulls side is possibly with BB driving down long term rates, it could potentially (I stress potentially) stop the foreclosure & lack luster sales bleeding. <BR/><BR/>These days I don't give much credence in TA. IMO, Price and Vol are king (aside from maybe a Fibo line here and there).<BR/><BR/>Either way, I hope whoever is in SRS, you knock it out of the park!Growlerhttps://www.blogger.com/profile/15157589177057003376noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-74011450748164355312008-12-20T13:41:00.000-08:002008-12-20T13:41:00.000-08:00More unusual measures taken by the FED:Hedge funds...More unusual measures taken by the FED:<BR/><A HREF="http://www.ft.com/cms/s/989db158-ce30-11dd-8b30-000077b07658,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F989db158-ce30-11dd-8b30-000077b07658.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fhome%2Fus" REL="nofollow">Hedge funds gain access to $200bn Fed aid</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-55667430616268209102008-12-20T13:35:00.000-08:002008-12-20T13:35:00.000-08:00Jeff, you are a nice guy again. Feels good. :-)Jeff, you are a nice guy again. Feels good. :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-80872895575543281092008-12-20T13:25:00.000-08:002008-12-20T13:25:00.000-08:00GrowlerDon't blame you.The TA isn't pretty but I a...Growler<BR/><BR/>Don't blame you.<BR/><BR/>The TA isn't pretty but I am confident this will come back.<BR/><BR/>I have often sold these and kicked myself because they have comeback. I am getting punished on this one so far, but I just don't see commercial holding up much longer.<BR/><BR/>The volatility can make you sick though!<BR/><BR/>I plan on buying some calls to hedge myself on Monday in case the market moves higher.<BR/><BR/>I have a few names. I will try and get them up today.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-12289417069406640202008-12-20T13:17:00.000-08:002008-12-20T13:17:00.000-08:00Hey Guys,Re: SRS.I'm getting out. I was going to S...Hey Guys,<BR/><BR/>Re: SRS.<BR/><BR/>I'm getting out. I was going to Short IRY (see chart) the ETF Index that tracks SRS but I recently took a look at the chart. Both trendlines have been broken and volume is expanding to the upside. <BR/><BR/>When this guy get's toppy, I'll re-enter. Otherwise, it looks like some pain ahead. <BR/><BR/>http://www.screencast.com/users/BalaB/folders/Default/media/eeb59fb7-b7a7-4c95-a1d2-9e3d76d4dcdbGrowlerhttps://www.blogger.com/profile/15157589177057003376noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-5905228944618963392008-12-20T13:12:00.001-08:002008-12-20T13:12:00.001-08:00This comment has been removed by the author.Growlerhttps://www.blogger.com/profile/15157589177057003376noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-64442302670626449832008-12-20T13:12:00.000-08:002008-12-20T13:12:00.000-08:00This comment has been removed by the author.Growlerhttps://www.blogger.com/profile/15157589177057003376noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-45559389256471667692008-12-20T10:25:00.000-08:002008-12-20T10:25:00.000-08:00JohnNice catch. The bailout news is what keeps pr...John<BR/><BR/>Nice catch. The bailout news is what keeps pressuring SRS.<BR/><BR/>I am still holding. Thats the great thing about ETF's: You aren't forced to cover!<BR/><BR/>I just read an article about how Circuit City cancelled their auction to sell off their 150 stores they are trying to get rid of because there were so few bids.<BR/><BR/>I haven't added anymore ye but I plan too.<BR/><BR/>Fighting the Fed is a tough battle, but SRS appears to be a coiled spring that will explode upward when this all starts to unwind.<BR/><BR/>Like I said earlier, the rocket that will takes this higher takes place after the X-mas slaughter when many retailers go BK.<BR/><BR/>Until this happens, many traders will continue to trade on the bailouts and attempt to take stocks higher.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-27697896291391241322008-12-20T10:18:00.000-08:002008-12-20T10:18:00.000-08:00TypoTo DIE for crimeTypo<BR/><BR/>To DIE for crimeJeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-67509575763491621622008-12-20T10:17:00.000-08:002008-12-20T10:17:00.000-08:00"even bigger than those in Egypt"Good one TeddyTha..."even bigger than those in Egypt"<BR/><BR/>Good one Teddy<BR/><BR/>That Madoff<BR/><BR/>It appears that all of Wall St was one giant Ponzi scheme!<BR/><BR/>If there is anyone on this planet that deserves to do from crime its this character.<BR/><BR/>When he goes to prison I hope he becomes some angry lifer's girlfriend and repeatedly has to satisfy him.Jeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-27342622707165098032008-12-20T06:55:00.000-08:002008-12-20T06:55:00.000-08:00something about Madoff-ucker :Ddo we really need m...something about Madoff-ucker :D<BR/><BR/>do we really need more regulations?<BR/><BR/>let's talk about SEC(s) :D<BR/>http://tinyurl.com/3rl3bu<BR/><BR/>they had a lot of time to stop this Ponzi Scheme<BR/><BR/>but ... on the other hand, our governments create much more bigger financial pyramids, even bigger than those in Egypt (e.g. pension funds, social security, medicare, medicaid, ubiquitous bureacracy, bailouts etc.) :DAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-25533515101066358732008-12-20T06:19:00.000-08:002008-12-20T06:19:00.000-08:00Commercial Real Estate 5 times bigger than Subprim...Commercial Real Estate 5 times bigger than Subprime(?)<BR/><BR/>http://tinyurl.com/4fa9ts<BR/><BR/>New Wave Of Mortgage Rate Adjustments<BR/>http://tinyurl.com/66u37r<BR/><BR/>60 minutes<BR/>http://pl.youtube.com/watch?v=iUuROWEMjm0<BR/><BR/>... and well known picture with mortgage rate resets distribution (in years 2007-2016)<BR/><BR/>http://tinyurl.com/45dsux<BR/><BR/>;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-78650134516777149402008-12-20T06:15:00.000-08:002008-12-20T06:15:00.000-08:00At least we know why SRS tanked again yesterday:Co...At least we know why SRS tanked again yesterday:<BR/><A HREF="http://www.bloomberg.com/apps/news?pid=20601087&sid=au524BHUWXUs&refer=home" REL="nofollow">Congress Will Set Conditions for $350 Billion in Rescue Funds</A><BR/><BR/>Jeff, are you still holding SRS?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-52280730530253643302008-12-20T04:26:00.000-08:002008-12-20T04:26:00.000-08:00Hi BettyI am glad you are enjoying the blog.Thanks...Hi Betty<BR/><BR/>I am glad you are enjoying the blog.<BR/><BR/>Thanks for the feedback. Comments are always welcome.Jeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.com