Japan closed down 875 points. I would have thought that after yesterday's intra-day rally on the Dow, Tokyo would have been up, not collapse...
I wouldn't buy it, at least not here. I'm hearing bad things about their paper in the money markets. But maybe in the future...
If I were a trader, I'd be setting up for a short-term upswing. But I'm an investor, so I'm selling and getting short on rallies.
Increases in home prices by state, from OFHEO http://www.ofheo.gov/HPIState.asp?FormMode=Summary
Excuse me for pimping my blog, but http://runningofthebulls.typepad.com/toros_running_of_the_bull/2007/08/homebuilders-up.html
Pish Posh. I remember a similarly bullish report and outlook late 2000 from Chambers. It didn't stop his stock from tanking to $8 a few years...
If the US would just STFU about currency manipulation and deal with our own imbalances we created for ourselves, we wouldn't be in this situation....
I don't know if the markets are going any lower or not, but I intend to start selling, hedging and shorting on any rallies. The rising...
Delirious I wouldn't get too excited about things. At the end of WWII, the national debt to GDP was something like 140%-150%. Today, it is...
The USO isn't a good play on oil IMO. It invests in futures, not the underlying physical. With oil currently in contango, you are getting...
Separate names with a comma.