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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (6480)	9/11/2011 12:13:13 PM
From: humble1	Read Replies (1) \| Respond to of 10509

Fintas: yes, the Euro story will probably have many chapters, most of them not good. For now, I like seeing the Finns telling the Greeks that they want collateral and I like Merkle saying she will not be held hostage by the markets! Why should they have to trust the Greeks after they lied about their national metrics especially when they knew they were giving special treatment just to be allowed into the Euro? Totally agree with you that the ONLY place to keep $$$ is in the US and NYSE/NASDAQ companies and US real estate. I just bought my third Florida bay view lot this year in a great, gated, nature-preserve community at 85% off of the boom high from a bank (Wells) which is dumping stuff. A once in many generations chance - imho.

To: Fintas who wrote (6480)	9/11/2011 1:41:27 PM
From: llap	Respond to of 10509

Coming from Germany I agree with you. There is only one superpower in the world and that for a reason. From the German perspective I would add why should I pay for a bailout of a fraudulent country like Greece? Do I want to reward their fraud? They cheated when joining the Euro currency and since when do we reward that? This BS will take years to sort out. US$ very bullish and (at least soon) US equities too.

To: Fintas who wrote (6480)	9/12/2011 10:07:51 AM
From: robert b furman	Read Replies (1) \| Respond to of 10509

Good morning Fintas, I think it is time that the US banks be looked at as the best in breed globally. They were the only ones that consolidated and added capital. Then like it or not the US government bought up all the toxic (bad rmbs) mortgages through fannie and freedie and will write off losses over a very long time but save multiples more by holding till maturity. To keep rates low for 2 years out as Bernanke has indicated - those solid people with jobs (91%) have an opportunity to throw in equity and get a generational low interest rate for a fixed 15- 30 year mortgage. This is a very solid deal and should be taken advantage of by all. Just as the car business turned when supply quit exceeding demand - so too will this occur in housing. When it turns - housing will become very expensive just as buying an auto has. These are delevering time and less is being spent as debt is being reduced - I do not view this as a bad event - but every one sure likes to bash it. 2-3 percent growth with deflation or little inflation is the same thing as 7-8 percent growth with 5-6 percent inflation - it just feels different. As always I greatly appreciate your posts and perspectives - Thanks for sharing! Bob P.S note that SMH and Sox are in the green solidly this A.M. The premium paid by broadcom this morning for Netlogic is the best clue as to how depressed these solid companies have become. Time to buy the value and hold with confidence!!

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