Looks like it was 40 hours. Not a fed funds cut but close.
MTH can write off every land option and still have $28/book. That would leave them with just 1 years supply of land. Someone got margined out...
This is getting nuts.
Other central banks joining in now. This is global event now.
Because subprime slime has spread to Europe and European banking system now in turmoil. ECB having to inject emergency liquidity into the system....
I hear that alot, but i have looked at all the numbers and none of the builders are going under for years to come. Take BZH for example....
Rate cut has nothing to do with helping the stock market. It has to do with the mortgage markets that as of friday has nearly shut down. Last...
I like BZH, HOV, and MTH. Consider this. BZH was $19 stock 5 1/2 years ago. Since then they made $1.2 billion after tax. Now the stock is...
Wasn't the dollar doing ok when fed funds were 1%? Will 4.75% fed funds and prospects that maybe the economy will stay strong be so bad for the...
Seems like Fed will cut rates. If they are going to do it, they may as well take advantage of the surprise factor and cut Monday morning. I know...
Fed cut monday morning or Tuesday could happen. If lowering rates to 1% wasn't too risky, then lowering to 5% during the worst credit crunch in...
I can see the fed cutting rates by 1/4 point next week. The secondary mortgage market is in collapse and interest rates for nonconforming...
This might serve to bounce credit markets monday? http://www.reuters.com/article/marketsNews/idUKN2738994020070728?rpc=44 Hard for shorts to...
(1) PE's very low. Which means they are LBO/takeover bait. (2) Insane buybacks within sector (3) Foreign investors i think find comfort in...
Cramer said to throw everything into tech today at DJIA 14000. Ok Cotton, lets see how that strategy plays out.
Yes. Wholesale prices are down 15 cents from last week. Even while crude keeps moving up. Refinery profits getting squeezed 30% in a week.
Refining margins crashed all the way back to Feb levels. Never in the last 4 years has there been a crash in crack spread in the middle of July....
Had a vision. BOJ surprise rate hike one month earlier than expected when they meet this week. This leads to an insane unwinding of carry trade...
I read Europe inventory levels are at 2 month lows. Based on Brent, WTI CL is really $77 here if not for the record inventories. That is...
The only thing going up faster than the price of crude is the size of the inventories. Crude inventories havn't been this high since May 1998....
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