Blood is running in the streets - especially amongst the Real Estate Industrial Complex
HP prediction: Some hedge funds are getting into some serious doo-doo, and will be having to close out their positions soon, adding fuel to the fire... I'd give it another few days until those stores hit the wire
June 12, 2006
The hits just keep coming
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13 comments:
we're gonna crash this week, even though we've already mini-crashed - probably coming up on down 10% since May 1 for the qqqq's
Can you impose the "crash" of gold on this? Will you draw the same conclusions?
Marky Mark
my puts in GLD is making me delirious...Gold is glittering even as it tanks.
Keith: stay away from gold/copper/corn/shit/shat etc
thinking about buying some qqqq on friday @ 3.45 pm..what dya think.
it's too late to save the dollar. whatever the gov or fed do will at best delay the fall. I downgraded to a civic, selling the BMW, and withdrawing most cash to put the money into physical gold.
http://finance.yahoo.com/q/cq?s=^HGX,FRE,FNM,HOV,TOL,NVR,MDC,BHS,CTX,DHI,KBH,LEN,PHM,WLS,MTH,DHOM,BZH,JOE,MTH,RYL,LOW,HD&d=v1
Shorts are having a blast
Why would you want to short the dollar?
http://tinyurl.com/q2z4c
lennar down 11% after hours!!!!!!!!
Gold will fall below $600 an ounce before the week is through.
Phoenix Homes on the market creeping up to 50,000, DOW dropping down to 10,000....
...everyone still picking Phoenix to win this race?
my FAST put options are up 91% in two weeks. now there's a trade..
my HD put options are up 41% in two weeks and my QQQQ puts are up 26%
I'm actively looking to do some new puts on the lenders and PMI firms next... they're gonna get killed, but many are only down 15% - 25% from the peak, whereas the homebuilders? Good god, that's like a .com wipeout at this point
I sure miss the banker. I hope he didn't jump.
Not sure if Lennar is down 11% after hours. Checking some of the message boards, it appears that some traders do not see the same information on their trading platforms. Sometimes Yahoo Finance gives weird after hours information that magically disappears the following day.
The Thinker said...
Gold will fall below $600 an ounce before the week is through.
Monday, June 12, 2006 10:09:29 PM
Gold is at $597 in Hong Kong right now.
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