nnuut's Account Talk

[nnuut]

Dollar is up today and will continue to get messaged buy Bush and Burntankle until the price of oil drops and interest rates rise so high we can't stand it!! :suspicious:

 

[hessian]

If I read that correctly..I fund is the last place you wanna be.

I don't know about that Buster -the "Shanghai" scared me! - read here...
http://stocktiming.com/Thursday-DailyMarketUpdate.htm

Also, might want to check this, for next week & overall...
http://www.trivisonno.com/
(The big-dogs also scared me!) Who Let The Dogs Out? :suspicious:

 

[DCguy]

The mortgage rate is skyrocketing at the moment. 30 yr fixed rate is now at 6.2% and is still going up. Also, the banks arent willing to give loans to new home buyers. If the fed raises the rate at the next meeting, we can expect 7%+ 30 yr fixed mortgage rate. Before the end of this year, we may even be able to see rates going over 10%. The subprime crisis is not over yet. There are still millions of foreclosures and unsold homes all over the US. Increasing the rates will only make the economy worst. The Gas price may drop little bit, but it will keep increasing even after the fed raises the rate.

 

[luv2read]

Thornburg Mortgage, which almost went bankrupt in March, just declared a $3.3B loss for the quarter.

 

[fedgolfer]

I don't care what fluff the Fed is saying, before they raise rates they're next move will be to spur growth or put another financial rescue to the big banks. If they raise anywhere in the near future they know they've pointlessly lowered rates before it could have a substantial positive effect. After most cutting cycles, the Fed has paused for a while. I think the last time they paused for just over a year.

The majority of the "experts" have been saying it would be econ suicide for the Fed to raise in the near future despite all the inflation talk.

http://www.federalreserve.gov/fomc/fundsrate.htm

 

[luv2read]

I agree. I don't see a rate increase until the housing market starts to pick up. Mortgage rates are already going up without the fed increasing any rates. April contracts on existing homes are up because of foreclosures, lots of good deals to be had for those with good credit, jobs and money and they're buying. Once that glut is absorbed, all other factors being the same, things really haven't changed and the housing market is basically stagnant or still tanking. People out of work, can't afford food, shelter, or transportation to seek jobs...

 

[nnuut]

BOY, a DEAD CAT really STINKS doesn't it!!View attachment 4061

 

[luv2read]

Pump and dump. Bleh.

 

[Scout333]

BOY, a DEAD CAT really STINKS doesn't it!!View attachment 4061

Amen, We couldn't even get this one to bounce a little!

 

[hessian]

 

[kar_crazy]

who OU
(GO SOONERS)
:laugh:

 

[Eldritch Flatus]

I did.:nuts:

 

[nnuut]

Now we know WHO did it Mr. Flatus, I thought I smelled something!!! View attachment 4065

 

[kar_crazy]

you think Tom will sponsor me if we put TSP TALK doun the door :laugh::blink:
on the ole hot rod

 

[nnuut]

Heck yeah!! I've gotten 3 coffee mugs, 2 shirts, a laser pen and lots more stuff, like 4 years of fun out of him for nuttin'!!:laugh:
Comon Tom, on both sides!!!!:laugh:

 

[kar_crazy]

we can do this vinal graphics are cheap i guess the check mark would have to be light blue or maybe grey all grey lettering

 

[luv2read]

we can do this vinal graphics are cheap i guess the check mark would have to be light blue or maybe grey all grey lettering

If you're doing vinyl graphics just do the logo on a white background as it appears here. I see those magnetic things stuck all over cars.

 

[DCguy]

US foreclosure filings surge 48 percent in May
One in every 483 U.S. households received a foreclosure filing in May
http://biz.yahoo.com/ap/080613/foreclosure_rates.html

30 yr fixed mortgage rate is now 6.32%. If the fed raises the rate, we will see the massive number of foreclosures and bankrupcies. I now think the market crash is inevitable.

 

[luv2read]

Fed won't raise rates until housing market stabilizes, unless the GOP plans to use it as a tool against DEMS. If it looks like Obama is likely to win, look for a rate increase right before the election. Fed is in GOP and BA pocket, not Congress' pocket.

 

[nnuut]

CPI numbers better than expected!! Look there is no problem with inflation!! Isn't that wonderful that our government has taken care of that problem for us. Up goes the Market, cause Consumer Price index is good?:nuts: