12%ayear's Account Talk

[12%ayear]

Rolling the dice? Sub-Prime Lending Disaster, Failing Hedge Funds, A China Market Correction, $80+ Oil, Greenspan, and Bernanke all make for the perfect storm. We're going to get that 10% correction... and then some. :worried:

That is what you think. Everyone comes out of the woods to become a market expert when the market is selling-off. Also,I notice many brag about being on the sideline and do not take into account, that there are many of us fully invested. Anyway, today is a true test for the market. The futures are nice and red. This is great, because in a market like this,it is better to open red rather then green like yesterday. The key is 10:00 when there are several keys reports coming out.FEAR creates VALUE. .....Oil? OPEC is going to drop prices because the higher oil prices will hurt them not help them. They want$60 not $80. The higher the price, the less people travel and spend. The less people spend, the less goods are needed,the less goods means companies will order less and less transportation costs.

 

[mlk_man]

That is what you think. Everyone comes out of the woods to become a market expert when the market is selling-off.

And when the market is going up, right 12?

I've been asked not to post in your account thread and I have obliged. However, continued vulgar pm's from you will only cause me to continue to point out your short comings and arrogance to the masses.

Have a nice day and good luck.

 

[nnuut]

Take a Chill Pill 12%, it'll be OK! I think you may have a handle on what could happen, but it can go more than two different ways and we are all making calculated guesses, except for me, I'm just guessing, cause i'm nnuuts:nuts::laugh::laugh:.
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[grandma]

That is what you think. Everyone comes out of the woods to become a market expert when the market is selling-off. Also,I notice many brag about being on the sideline and do not take into account, that there are many of us fully ....quote]

! oops !

 

[12%ayear]

[FONT=verdana, arial, helvetica][FONT=verdana, arial, helvetica]

time to call ....12%........ to the rescue...my hero!!!!!!!!!!!!![/FONT][/FONT]

 

[12%ayear]

That is what you think. Everyone comes out of the woods to become a market expert when the market is selling-off. Also,I notice many brag about being on the sideline and do not take into account, that there are many of us fully ....quote]

! oops !

[FONT=verdana,arial,helvetica][/FONT][FONT=verdana,arial,helvetica])[/FONT][FONT=verdana, arial, helvetica]

Do not worry..12% is here[/FONT]

 

[12%ayear]

lol, short squeeze..:laugh: Banks stocks are way oversold. The sub-prime scare is just that. 14000 before 13000 IMO good luck...10:00 am is the real test with reports coming out!!!!

 

[JTH]

[FONT=verdana,arial,helvetica])[/FONT][FONT=verdana, arial, helvetica]Do not worry..12% is here[/FONT]

Thanks 12% I feel better already. :cheesy:

 

[12%ayear]

http://biz.yahoo.com/ap/070801/pending_home_sales.html?.v=6 ....much needed news to tame the markets.

 

[T2034]

Still hanging in there, when is the beating going to stop. I'm all black and RED. I am trying to keep myself calm by thinking of happy thoughts like puppies, babies and ice cream:laugh:. I will be waiting for the next ride up.

 

[12%ayear]

Still hanging in there, when is the beating going to stop. I'm all black and RED. I am trying to keep myself calm by thinking of happy thoughts like puppies, babies and ice cream:laugh:. I will be waiting for the next ride up.

We will laugh about this sell-off like we did in March. Hang tough T2034, BTW, you are a having a great year. Keep up th good work, my friend!!

 

[Fivetears]

...The sub-prime scare is just that.

Hmm. :notrust:

Destroyed Sub-Prime Lenders to Date
105. Nations Home Lending
104. Wells Fargo Alternative Lending Wholesale
103. Flick Mortgage/Mortgage Simple
102. Alliance Bancorp
101. Choice Capital Funding
100. Premier Mortgage Funding
99. Stone Creek Funding
98. FlexPoint Funding (Wholesale)
97. Starpointe Mortgage
96. Freestand Financial
95. Steward Financial
94. Wells Fargo (Correspondent)
93. Altivus Financial/Geneva Mortgage
92. ACT Mortgage
91. Alliance Mortgage Banking Corp (AMBC)
90. Concord Mortgage Wholesale
89. Heartwell Mortgage
88. Aegis Lending, Aegis Home Equity
87. Oak Street Mortgage
86. The Mortgage Warehouse
85. First Street Financial
84. Right-Away Mortgage
83. Heritage Plaza Mortgage
82. Horizon Bank Wholesale Lending Group
81. Lancaster Mortgage Bank (LMB)
80. Bryco (Wholesale)
79. No Red Tape Mortgage
78. The Lending Group (TLG)
77. Pro 30 Funding
76. NetBank Funding
75. Columbia Home Loans, LLC
74. Mortgage Tree Lending
73. Homeland Capital Group
72. Nation One Mortgage
71. Dana Capital Group
70. Millenium Funding Group
69. MILA
68. Home Equity of America
67. Opteum (Wholesale, Conduit)
66. Innovative Mortgage Capital
65. Home Capital, Inc.
64. Home 123 Mortgage
63. Homefield Financial
62. First Horizon Wholesale
61. Platinum Capital Group
60. First Source Funding Group (FSFG)
59. Alterna Mortgage
58. Solutions Funding
57. People's Mortgage
56. LowerMyPayment.com
55. Zone Funding
54. First Consolidated (Subprime Wholesale)
53. EquiFirst
52. SouthStar Funding
51. Warehouse USA
50. H&R Block Mortgage
49. Madison Equity Loans
48. HSBC Mortgage Services (correspondent div.)
47. Sunset Direct Lending
46. Kellner Mortgage Investments
45. LoanCity
44. CoreStar Financial Group
43. Ameriquest
42. Investaid Corp.
41. People's Choice Financial Corp.
40. Master Financial
39. Maribella Mortgage
38. FMF Capital LLC
37. New Century Financial Corp.
36. Wachovia Mortgage (Correspondent div.)
35. Ameritrust Mortgage Company (Subprime Wholesale)
34. Trojan Lending (Wholesale)
33. Fremont General Corporation
32. DomesticBank (Wholesale Lending Division)
31. Franklin Financial (Wholesale Operations)
30. Ivanhoe Mortgage/Central Pacific Mortgage
29. Eagle First Mortgage
28. Coastal Capital
27. Silver State Mortgage
26. ResMAE Mortgage Corporation
25. ECC Capital/Encore Credit
24. Lender's Direct Capital Corporation (wholesale division)
23. Concorde Acceptance
22. DeepGreen Financial
21. Millenium Bankshares (Mortgage Subsidiaries)
20. Summit Mortgage
19. Mandalay Mortgage
18. Rose Mortgage
17. EquiBanc
16. FundingAmerica
15. Popular Financial Holdings
14. Clear Choice Financial/Bay Capital
13. Origen Wholesale Lending
12. SecuredFunding
11. Preferred Advantage
10. Fieldstone Mortgage Company
9. MLN
8. Sovereign Bancorp (Wholesale Ops)
7. Harbourton Mortgage Investment Corporation
6. OwnIt Mortgage
5. Sebring Capital Partners
4. Axis Mortgage & Investments
3. Meritage Mortgage
2. Acoustic Home Loans
1. Merit Financial

On the Chopping Block...
14. American Brokers Conduit (Part of American Home Mortgage)
13. CIT Home Lending
12. FNBA
11. GreenPoint Mortgage
10. All Fund Mortgage
9. Quick Loan Funding
8. Option One
7. Accredited Home Lenders
6. Ocwen Loan Servicing
5. Doral Financial Corp.
4. Evergreen Investment/Carnation Bank
3. Aegis Mortgage Corporation
2. Coast Financial Holdings, Inc.
1. Residential Capital, LLC*

http://ml-implode.com/

 

[12%ayear]

Maybe, I did not explain it correctly. I understand that there is a sub-prime problem. This problem was out in January along with the homebuilders. My point was that they are spinning this to scare investors. I thought we would get the sell-off the later part of the year and close in deep red. However; after reading and doing some DD, I thinking that this is the sell-off and we will bounce back harder. That is all you need is some brokerage(s) to state that the credit crisis is overblown.CNBC loves this, they spin it to sell ads, like the rest. Good Luck

 

[12%ayear]

That is what you think. Everyone comes out of the woods to become a market expert when the market is selling-off. Also,I notice many brag about being on the sideline and do not take into account, that there are many of us fully invested. Anyway, today is a true test for the market. The futures are nice and red. This is great, because in a market like this,it is better to open red rather then green like yesterday. The key is 10:00 when there are several keys reports coming out.FEAR creates VALUE. .....Oil? OPEC is going to drop prices because the higher oil prices will hurt them not help them. They want$60 not $80. The higher the price, the less people travel and spend. The less people spend, the less goods are needed,the less goods means companies will order less and less transportation costs.

AMEN

 

[12%ayear]

[FONT=verdana, arial, helvetica][FONT=verdana, arial, helvetica]

time to call ....12%........ to the rescue...my hero!!!!!!!!!!!!![/FONT][/FONT]

 

[12%ayear]

NASDAQ and the small caps. are still down over 6-7%. This is when I strongly think we will see the S Fund shoot up one day .2-3% OVERDUE. The S Fund is a sleeping giant. Also, remember real estate is a bad investment short-term. Where will some of that capital go?...STOCK MARKET.

 

[12%ayear]

Have a good feeling today that the S Fund will explode. GL

 

[AIF]

I decided to give the buy-n-hold strategy a try again. I wanted to see if the time savings vs. the money earned would make me a believer. I guess it's also like throwing darts. I must have picked the wrong time to try it.

I feel like I've got to hold now. I need to see how long it takes me to get my 7K back.


AIF

 

[GUCHI]

AIF
u bring up a good point, whether to hold or sell and dca back in to get the money lost back. i decided to take paladins advice and sell off some and keep some in stocks. i may have trouble deciding when to jump back in. guidance from the MB really helps.

THANX

 

[Warrenlm]

I've concluded I was lousy at timing the market as it was going up and there's no reason to believe I will time it better as it goes down and levels and back up. I think 12%'s remark about coming back DEC 31 is good advice.