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  1. muzie_IHB

    McCain suspends campaign

    Didn't I just read somewhere that only 7% of Americans are for the bailout? This sound slike a great way to get votes... NOT.
  2. muzie_IHB

    We have a budget

    "Budget"? What's that? Seriously, when we are on track to spend 50% more than we've earned for the federal budget this year, is it even worth it at that point to talk about "budgets"?
  3. muzie_IHB

    Wells Fargo thirty year fixed rates jumbo at 9%

    Conforming limit is 730,000$ in OC.
  4. muzie_IHB

    The day the secondary markets died, truly a scary day.

    When ten different countries decide to ban shorting in the same week, that only makes me much more fearful. Way to go there.
  5. muzie_IHB

    Now would be a good time to get out of WaMu

    Shorting was banned in 1931 and 1932. http://seekingalpha.com/article/85873-short-sales-sec-turns-back-the-clock-to-1931 Some newspaper clip from the New York Times in 1932: http://select.nytimes.com/gst/abstract.html?res=F10F15F73C5A13738DDDA00994DC405B828FF1D3 It should be...
  6. muzie_IHB

    Now would be a good time to get out of WaMu

    AP Moody's lowers rating on Washington Mutual Bank Monday September 22, 5:15 pm ET Moody's cuts Washington Mutual Bank's financial strength rating, says capital is insufficient NEW YORK (AP) -- Moody's Investors Service on Monday downgraded the financial strength rating of...
  7. muzie_IHB

    Banking Groups Seek Suspension of `Fair Value' Rule

    <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aswE9.7TE8h4&refer=home">Link</a> " Fair value ``is an accounting issue that's too important to be left just to accountants,'' former SEC Chairman Harvey Pitt said in an interview today. Economists, academics and regulators from...
  8. muzie_IHB

    Gold

    I'm soooo tired of this market volatitlity. A 20% gain for gold in a week? Is this all program trading? Pretty much EVERY developing trend in this market has had the same behavior. Some new development occurs, and within an instant, momentum develops so fast that assets go from under to...
  9. muzie_IHB

    HOLY SMOKES : Did i read this right? Dow below 10,000 S&P;1,100 Nasdaq 1500. Is this possible by October?

    I'm not going to participate in whatever ensues now. I've spent a lot of time researching the implications of the housing crisis and how banks would be affected. I'm no expert still, but that was a time sink, and I built my portfolio positions accordingly. To no avail. At this point I...
  10. muzie_IHB

    Headlines...

    http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_U/threadview?m=tm&bn=58157&tid=112937&mid=112937&tof=5&frt=2 =DJ SEC Urged To Suspend Redemption Rights On 2 Reserve Funds . DOW JONES NEWSWIRES Securities and Exchange Commission staff will recommend that the agency...
  11. muzie_IHB

    HOLY SMOKES : Did i read this right? Dow below 10,000 S&P;1,100 Nasdaq 1500. Is this possible by October?

    Panda challenge is fun... but nothing like real life, really. It's very easy to go all in when the portfolio is just numbers in a fictional account. Investing is not just about brains, but about holding on to your positions as well. That 22% gains I bragged about 2 days ago? Mostly all gone...
  12. muzie_IHB

    3 Month Treasury Yields Effectively Hit Zero

    http://globaleconomicanalysis.blogspot.com/2008/09/3-month-treasury-yields-effectively-hit.html 3-month treasuries yield 0.02%. Flight to safety at all costs. "The Fed is desperately attempting to free up the system with mammoth injections of short term repos. The problem for the Fed...
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