Comments on: “If it wasn’t for (them), I don’t think I would have sold the house.”

By: chicagofinance

chicagofinance — Fri, 07 Nov 2008 06:37:26 +0000

Qwerty Says:
November 6th, 2008 at 4:40 pm
Theo at 3:49pm — “we wouldn’t be attacking countries that never attacked us and posed no threat, like Clinton did”
And I am talking specifically about what had to be done in Bosnia and Kosovo, where my husband could not get a Security Council resolution to save the Kosovar Albanians from ethnic cleansing. And we did it alone as the United States, and we had to do it alone. It would have been far preferable if the Russians and others had agreed to do it through the United Nations — they would not. I’m happy that, in the face of such horrible suffering, we did act.”
The Internet is such a wonderful resource.

Qwerty: Go ingest a full bottle of Advil…….NOW!

By: Clotpoll

Clotpoll — Fri, 07 Nov 2008 04:31:46 +0000

Laddering stop orders on SKF can work pretty well, too.

By: Clotpoll

Clotpoll — Fri, 07 Nov 2008 04:30:56 +0000

I bracket myself with stops 5-7% under and limit orders that can (hopefully) get me right back in. I get stopped out a lot, but when it moves down, it can drop 15% in an hour. I’d much rather use the downswings to average back in than sweat dumping a beaten-down position. I’ve stopped out and re-entered SKF three times within some trading sessions.

The worst down moves come after big runs. When it moved to $212, it plunged to under $100 within days. You can’t hold this issue and not have stops in. It can flat-out ruin you.

By: Shore Guy

Shore Guy — Fri, 07 Nov 2008 04:24:33 +0000

Perhaps after the Great O(z) speaks at 1:30 it will allow the markets to rebound from morning losses. If things plunge first thing, does anyone thinkkk the fed might do an emergency cut of another.25?

“CNBC.COM | November 06, 2008 | 5:44 PM EST
Friday’s jobs report goes right to the heart of what’s ailing the markets.
It’s the fear that the economy is weaker than many are forecastingand rising unemployment will only make it worse.
October’s employment report is scheduled for release at 8:30 am EST. The consensus is for a loss of 200,000 non-farm payrolls, but some economists are ratcheting up their estimates to a decline of as many as 300,000 jobs.
“It’s going to be pretty ugly,” said Mark Zandi, chief economist at Moody’s Economy.com”

snip

By: d2b

d2b — Fri, 07 Nov 2008 04:02:52 +0000

Clot-
Where do you typically set your trailing stops on SKF? Just wondering how close they are to last.

By: Clotpoll

Clotpoll — Fri, 07 Nov 2008 02:59:16 +0000

yikes (355)-

Just because a bank owns a house, it doesn’t make it a deal.

Lots of stupid banks out there.

By: Essex

Essex — Fri, 07 Nov 2008 02:59:15 +0000

Yeah man…..I love conflict…but BC rocks the house….sorry about the confusion. I want to do the gun thing….but have a temper and might be more harm than good…..know what I mean.

By: Clotpoll

Clotpoll — Fri, 07 Nov 2008 02:51:50 +0000

yikes (355)-

Morgan sees it as too early to do the gold thing. Wouldn’t be surprised to learn he thinks paper gold will fail, either (not that I know his position on it).

His take on civil unrest is well-documented. He may have just decided not to cover old ground in this particular call. He has gone on 10-15 minute rants about domestic rioting with 300+ people on a call, so I don’t think he’s afraid to go there.

Of course the USD is strong. Everybody else is tanking/racing to the bottom as fast- or faster- than us. Lots of people scrambling to pay off USD-denominated debt, too. I wouldn’t read anything into dollar strength. In the end, all currencies are screwed.

By: Seneca

Seneca — Fri, 07 Nov 2008 02:47:52 +0000

What’s up with gsmls? New format? Is this old news and I just haven’t checked in a while? They still can’t be bothered to just say where the homes are located huh? Makes me want to look for a home in Texas… or just about anywhere else in the U.S.

By: yikes

yikes — Fri, 07 Nov 2008 02:45:02 +0000

essex – good point about the precautions. we’re renting, so we can’t put in an alarm or do any of that other stuff you did. but we’re in Bucks County, and i called the local police station prior to moving into the neighborhood in the town we’re in … and there hasn’t been a police incident here in years.

that being said … we won’t move into our house without an alarm. and i recently purchased a gun and have been to the range. we will probably by another one, just for the wife (who has never shot a weapon).

By: Essex

Essex — Fri, 07 Nov 2008 02:40:50 +0000

Was actually referencing something Nom said…..I must have plugged in the wrong number…..Whew. Sorry BC…typo.

By: sas

sas — Fri, 07 Nov 2008 02:25:49 +0000

essex (259),

no offense bloke, but you are still in the early stages of your learning curve.

but thats alright, your learning.

SAS

By: BC Bob

BC Bob — Fri, 07 Nov 2008 02:21:01 +0000

“BC…..sorry man….no opinion on BX….sorry to make you wait…just distracted…”

Essex [358],

Go back to your post, #257. Now, no opinion?

By: Essex

Essex — Fri, 07 Nov 2008 02:15:46 +0000

Guns are OK…but alarm systems are better….anyone who is coming in already has a jump on you….and possibly more fire power. Tough situation. We’ve made our place tough to enter….very thick glass….mostly elevated windows….steel security door on the front and full sensors around the back. We have a good dog too. I’m a bit of a knife fan and one hell of a street fighter having grown up as the only jew for miles in the south….you learn real fast. As for guns….I would rather take the one from the intruder and waste them with their own weapon and then cut the head off the body — just a safety measure.

By: Essex

Essex — Fri, 07 Nov 2008 02:11:20 +0000

BC…..sorry man….no opinion on BX….sorry to make you wait…just distracted…

Chit SAS….you are one complex mofo. Guilt is for people who think too much (or too little)…who knows. I applaud your candor.