If we were already 40% of the way there, and F&F are about 50% of the US mortgage market, does that mean that we've only got 10% left to come out after this?
Wishful thinking!
Printable View
Getting off topic guys this is the NZSX50 index thread.
....but while it's been mentioned :D ... News out 7 hours ago F&F are being rescued as the market predicted. The reason being that they too big to let fail..F&F also have global connections apparantly... I wonder if any connections in our part of the woods?
SHREWDY, Remember it was me that got out the market laughing at you lot swimming against the tide. When the market is hot play it to the max. When it goes cold sit out waiting on the road kill to front up. I only fight my battles standing on the high ground, you want to pay attention and do like wise. Incidently I think you need to fire STRAT as your referee, he cant seem to work out how much you are trailing me by in our competition. When the markets are roaring you will find investment clubs with every man and his dog into shares. In the bad times look for the opposite. America is in deep trouble the chinese will take over as number one shortly. After the olympics SHREWDY then watch out for the real crash. Macdunk
is that why they call you MICK 100
You're laughing at us lot Macca? Just because the index is down 30% doesn't mean we're all losing money; I'd propose that a few people here are doing very well indeed....In a bear market
You can keep your 8%p.a less tax a year in the bank... Good luck to ya
.
Latest radio reports say that the Fed is getting stuck in to support Freddie's Fannie ....
Thank the Pope and all his Host of Seraphims !!!!
Mick's wager will be very interesting -- how will the Dow go tonight ??
I'm guesing up, marginally ......
yep i reckon micks slightly ahead at moment
asia up ( hang seng and nik ), currency markets mildly dollar positive + slight yen weakness
futures up
BUT a nights a long time at the moment so hoping for so more worry to sweep the market