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13-04-2014, 04:53 PM
#3601
Now American subprime lending is back. It is not in relation to real estate, but this time it for another American passion – cars. So car sales increased dramatically in the USA. Asset managers are currently so desperate to find something. Savvy private equity firms and hedge funds have jumped into the fray. Some may be selling tech stocks and looking for something desperate now. They may park some of their money in USD as well. So we may see USD rally next. After tech we may see selling in other unsustainable sectors as well. It is time to adjust to the situation and take decision accordingly.
My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions.
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13-04-2014, 05:13 PM
#3602
People aren't stupid (well most of us )...we like recurring patterns of behaviour. But whatever is it you are talking about??? Could be any number of things since you haven't quoted anything or referenced anything so could be just that you are berating yourself for ...I don't know ...maybe something like leaving the toilet seat up or forgetting where you put the keys or ???? Before you head off into the woods perhaps you could complete your thought and instead of swallowing it actually post it. Or maybe not.
Originally Posted by moosie_900
Ah, the stupidity of the human race. Wish everyone knew history so we wouldn't have to repeat, repeat, repeat this stuff.
Going to head into nearest woods and not come out again...
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13-04-2014, 05:34 PM
#3603
Originally Posted by moosie_900
Ah, the stupidity of the human race. Wish everyone knew history so we wouldn't have to repeat, repeat, repeat this stuff.
Going to head into nearest woods and not come out again...
Yep as of tomorrow morning I'm tuning out of the market during the day,will just check my portfolio for the normal news icons first up,don't see the point in watching more carnage and a running commentary on the forum when your deep in the red and riding out the storm,will be looking for those blue arrows on the US market to reappear,yep wash,rinse,hang out, bring clean clothes back in and repeat cycle again. PS-Heading to the psych unit to work in expect to find more sanity there than the market at the moment
Last edited by couta1; 13-04-2014 at 05:38 PM.
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13-04-2014, 05:51 PM
#3604
Originally Posted by moosie_900
Lol good luck couta.
Here's more info on subprime auto loans (doesn't appear nearly as bad as first thought, but still something we don't need and should be regulated after the last fiasco in '09!)
http://m.seekingalpha.com/article/2132583
Sorry to the Xero boys on here, will let you get on with it now, the dog needs a walk and Sunday is no time for this kind of stuff!
Just one if tricks to keep a fragile economy from collapsing completely
Bundling up student debt into a derivative of some kind is another trick
And these subprime lenders need not worry ...the Fed is still buying all their old junk as part of QE
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13-04-2014, 07:03 PM
#3605
Originally Posted by snapiti
sounds like you are putting your head in the sand in the dark and dont want to pull it out until the sun comes out.
Problem is you might be missing some great opportunities and how will you know it is light when your head is underground couta1.
No money for opportunities right now Snapiti until i get my Genisis refund(Hopefully not much of a refund) ill be watching for those lovely blue Nasdaq lights to appear so head will come out of sand briefly early morning to check ,starting tues NZ time,enjoy the carnage folks
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13-04-2014, 07:21 PM
#3606
Member
So.. how much carnage are we expecting?
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13-04-2014, 07:39 PM
#3607
Originally Posted by tzbang
So.. how much carnage are we expecting?
Carnage: the killing of many people; a mass of dead bodies
In XRO case the slaughter of traders, leaving only genuine investors to reap the rewards
At least that is what couta hopes
Methinks sanity will prevail and XRO will end up pretty close to Fridays close, maybe even up a few cents
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13-04-2014, 07:41 PM
#3608
Originally Posted by winner69
Carnage: the killing of many people; a mass of dead bodies
In XRO case the slaughter of traders, leaving only genuine investors to reap the rewards
At least that is what couta hopes
Methinks sanity will prevail and XRO will end up pretty close to Fridays close, maybe even up a few cents
Geez who let bullish-winner69 out of his paddock?
Get back in there, XRO is going to get slammed!!! Get your short shorts out
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13-04-2014, 07:47 PM
#3609
Member
Slammed as in stubbing your toe on something hard? Or slammed as in slapping Mike Tyson in the face and closing your eyes?
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13-04-2014, 08:04 PM
#3610
Originally Posted by tzbang
Slammed as in stubbing your toe on something hard? Or slammed as in slapping Mike Tyson in the face and closing your eyes?
Mike Tyson quote "Everybody has a plan until they get punched in the face.”
Suppose no point having a plan for tomorrow then!
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