news of cash infusion and removing the uncertainty must have you all scared. It should. You can argue all day about the #'s...etc and what a deal or not they got, but the key to the street is the "uncertainty" is gone. Now they have plenty of cash and a "soft landing" is being orchestrated by the gov't and banks. The tide is now reversed. You should be scared
Very good point. At least some of them got out with a small loss. The trend has reversed. Don't fight it. Posting here has no effect on the stock people....none....If you were short just cover and go long. Don't marry an opinion. I've been wrong many times and when I know it I reverse it.....LEN is going a fair amount higher
You fool, if governments could orchestrate economies, we would have never had the great depression, and we would have never had the massive recession of the 2000.
I am a short and I am concerned, which way this is going to go tomorrow, up or down. The last thing you want to do is guess the direction of the market lately. Only the mightiest traders will survive, in fact, they will make sh*t load of money on fools like me and you, who are busy fighting each other out on the yahoo boards.
The gov't and the banks will orchestate a "soft landing", meaning they will not flood the market with houses. Like a stock that crashes from $40 to $10 in 2 weeks and then rallies to the low 20's. They are going to guide the housing market down to the low 20's. I trade like you do and have made a nice amount of money shorting the financials and the housing stocks. This was mostly a few months ago. I have a real feeling the tide has turned and I don't get these feeling very often. I have been trading successfully (mostly) since the tech boom crashed. We shall see and it will be interesting. Your personal stuff directed toward me means absolutly nothing. I'm just passing time here and filtering out the crap from the well intentioned