Dow

[zacman]

Trendy says :
There is discussion to change the foreclosure law so that the owner always has a future obligation of the debt if they go into foreclosure.[/QUOTE]


Trendy, are you saying that there is no personal covenant/liability attaching to US mortgages ?

zacman

[Jess9]

Dow certainly looking lofty - with little good news to support it. Perfect situation for a good drop, and a little punishment.

[Capybara]

Demand for oil drops off because the economy is faltering so the sharemarket rises... Am I missing something?

[Jess9]

Only if your not cashed up.

US housing slump discussed on RNZ at 6.55pm, about half way through and greater loss in value now expected. Freddy or Fanny have posted losses 3 times greater than analysts expectations.

[Capybara]

Good job I was short the dow then...