I'm bullish on being bearish.

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Number of messages in the thread: 33

31. Date: 2008-07-23 15:41:54
Subject: Re: I'm bullish on being bearish -- Naked Short Spam
From: The Visitor <k...@s...com> Search message by this author

Lubow wrote:

> If a presidential election year is down, you can only imagine how bad the year
> following will be.

I think you are right. But I'm in too far now!!!

But not getting anything new until things turn around.

And it seems like there is always more bad news on the way.....

John

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32. Date: 2008-07-25 15:21:40
Subject: Re: I'm bullish on being bearish.
From: r...@c...net Search message by this author

On Mon, 21 Jul 2008 18:38:37 -0700, r...@c...net wrote:

>On Mon, 21 Jul 2008 17:50:04 -0700, "FrediFizzx"
><f...@h...com> wrote:
>
>>> Freddi the irony of this statement is beyond compare.
>>> http://www.bankrate.com/brm/publ/30yrmolg.asp
>>>
>>>
>>>>as how to really gauge true
>>>>inflation. Fortunately, the banks do. Mortgage rates will stay about the
>>>>same as they have been for the last couple of years for at least another
>>>>year. Averaging around 6% for 30 year fixed.
>>>
>>> Clueless to reality as always. You are certainly reliable on that
>>> front Freddie.
>>
>>Do you think a 0.5% swing on rates means much? NOT!
>
>In three months?
>Some day Freddi you'll wake up. Till then I wish you'd stop talking in
>your sleep.
>
>>That could be 5.75% 3
>>months from now. Let me know when it goes up 2% or more. You definitely
>>don't have a clue. Look at a 3yr chart. About 6% average. Do you know how
>>to reliably gauge future inflation rates without using CPI? Didn't think
>>so.

Loan Type Today Last Week
30 Year Fixed 6.39% 6.33%
15 Year Fixed 5.95% 5.86%
1 Year ARM 6.35% 6.27%
30 Year Fixed Jumbo 7.56% 7.28%
5/1 ARM 5.91% 5.73%
3/1 ARM 5.80% 5.57%

Still climbing.