Has anyone tried to get a loan or credit line increase lately? I kinda wanna try just for entertainment but I am actually a good candidate since I have excellent credit, constant income, and little debt.
What defines a depression?
Self fulfilling prophecy. Any retard that gets enough fellow retards to listen to them can look like a financial genius.
“this bank is going to fail. Get out and sell!!!”
Stock gets hammered. Run on deposits. Bank fails.
“This company is going to take off!! Buy Buy Buy!!!”
People go out and do so. Stock booms. Retard looks like genius.
You need 0 skill to pick stocks. All you need is ability to get assholes to believe you.
No, she was saying it after the fact. And it was because something like 35% of their deposits were not FDIC insured.
My 36 year old sister can’t get a credit card right now. Her credit is so-so.
I couldn’t get a credit card, but I have zero credit because I always paid cash and have student loans out.
I was able to get paypal credit though.
I sold a lot of my FNM and FRE as the NO votes were coming in. I have 1100 shares of each left and some MS and AIG. We’ll see if the short ban gets extended. Then I’m buying big.
If they extend the short ban you’re going to buy more?
I sold high (relatively) to buy low. If the short ban goes away I’m not going to buy for a few days because the shorts will hammer them the minute they get the chance and I will be able to buy lower. If it’s extended, then the rebound will happen sooner.
Joe, you said you brought 2000 shares of lehmans for dirt. I guessing (atleast at that time) you figured the stock would increase in value, what do you think now?? is it a good time to buy in??? you think the NYSE will recover? and if so how long.
what does everyone think?
Oh here’s a fun fact,
WE LOST 1 TRILLION DOLLARS WORTH OF INVESTORS MONEY TODAY
we need to print them 1 Trillion to make up for it…
I’m thinking about going in for $2k-5k.
who do I go for?
should I wait for anything to go lower?
I was planning on talking to CFM in OP on thursday, ahead of time I was wondering if any of the main banks that tanked should be steered clear of or any advise you guys with money and brains have.
referring to AWDrifter, I don’t care if a moron starts a rise in the price of stocks and I followed that moron, as long as I got the shares cheap and they do in fact rise. I do love your statement though.
1.3 trillion i think was a little closer to the final number.
I purchased a new car a couple weeks and had no problems getting financing.
1.3trillion left the markets. Not all of it was lost. In fact a lot of it just went into T bills.
Oh, did anyone notice how Bernake injected 630 billion into the system today and it didn’t help at all? Throwing money at the problem isnt helping…
Anyone else see apple dropping below 75 a share?
I think tomorrow is gonna be another bad bad day (apple and the Dow)
http://www.safehaven.com/article-4020.htm
Try not to notice the date before you read the article. It makes for a great punch line.
yeah I have been reading Peter Schiff’s commentaries for a while now.
Peter Schiff is a Ron Paul advisor so he must be stupid.
Oh wait he called this years ago, maybe not so stupid.
Peter’s face has been all over tv lately.
Maybe they feel bad for laughing at him for the past few years.