I already answered that question. The break out is an old strategy.
Your correct! The only problem is that most people ARE overspent and can't catch up and they can't refi because they don't have enough equity...
Also, we are doing away with the Option Arms. In addition to that the new credit scoring model will be out soon and that will change the way...
Your only assuming that the house will continue to appreciate at the national average of 3-6% per year. That might not be the case especially in a...
He is basically telling you to put your money in a Money Market Account. In other words you will have a better chance making a profit in the long...
Your on the right track ..............but........ Remember, the Option ARM was intended for the Self Employed borrower NOT the Wage Earner....
Basically this does work to some extent. It's a classical breakout strategy that was once popularized back in the late 90's for trading the...
I would have to disagree. As a Mortgage Professional who specializes in "90% LTV Foreclosure Bailouts" I can tell you 1st hand that the people...
You missed the point. They do pull credit at some brokerages to determine if you can even open an account there. I should know. I was denied...
However, if it breaks support it could be at 1.1700 by the end of next week.:eek:
Again, you are not comparing apples to apples here. The subject matter is about the Trading of J.L. not about Donald Trump who has made his...
Perhaps you are not a successful trader so excuse me if I ruffled your feathers a bit.:( You are misunderstanding the point. The point is...
Let me clear up some misunderstandings on this topic. 1st. since the Patriot Act Brokerages ARE pulling credit reports on accounts. They run...
You aint seen nothing yet. Lenders are foreseeing a rise in foreclosures so they are doing away with Option ARM's and the like. Look out!
I can not believe how people are blinded to the genius of J.L.??? In a nutshell This man did not trade for wealth. He did not attempt to...
I'd opt out and trade the "mini FX market". You can manage risk like trading 100 shares of stock. Not much on the capital gains side. Great...
Yup. The market is cooling but my business is great. I'm a Hard Money Lender and I do a lot of Foreclosure Bailouts and BK buyouts. If the...
I make my living on those that lose a lot of money. I practically finance every losing trader out there. I'ts because of them that I'm able to...
Separate names with a comma.