Dow about to go sub 11k

[redgtxdi]

Originally posted by: Toastedlightly
Why do some people seem happy about a collapsing market?

It makes my inner demons all happy, fuzzy & warm.




But seriously, it brings everything back to reality (imho).

Companies selling their future for 50, 100, 200 times earnings is such bullshit that I can't digest it.

It's like when an evil empire comes down. They may have to start with ashes, but at least it's real, not artificial!!

Get real.........not stupid!! :thumbsup:

 

[kstu]

FRE comes roaring back, this shit is almost funny.

 

[HeroOfPellinor]

Originally posted by: Toastedlightly
Why do some people seem happy about a collapsing market?

My 401K contributions are grabbing double the shares they were a few years ago, so when the market picks back up my portfolio is going to be much shinier.

 

[redgtxdi]

Originally posted by: mugs


What's the point of all these stupid posts?

What's reeeeally hilarious is that you, mugs, posted this question!!!

I'll cut Caveman a break 'cuz.......well........he's just CC.

:laugh:

P.S. Back up above 11K, but starting to dip again. Cuttin' it close for 4pm!! :wine:

 

[Slew Foot]

What exactly is the difference between Freddie Mac and Fannie Mae?

 

[darkxshade]

Originally posted by: Slew Foot
What exactly is the difference between Freddie Mac and Fannie Mae?

Freddie is a guy and Fannie is a girl.

 

[mugs]

Originally posted by: redgtxdi

Originally posted by: mugs


What's the point of all these stupid posts?

What's reeeeally hilarious is that you, mugs, posted this question!!!

Yeah it's hilarious. I'm in stitches.

 

[Engineer]

Originally posted by: Slew Foot
What exactly is the difference between Freddie Mac and Fannie Mae?

I don't know but if you would have bought Freddie or Fannie at thier lows today and sold right now, you would be up 100%! :shocked:

The Fed has jumped in and pumped up Freddie/Fannie and the whole market in general (again).

 

[markgm]

Is this bad?

 

[Slew Foot]

Wow, and it's back to neutral!

 

[Slew Foot]

CNBC has Breaking News: The Fed has opened the discount window for Freddie and Fannie.

That explains the sudden rise.

 

[her209]

Heading south again!!!!

(Raises both arms and does the roller coaster scream!)

 

[dr150]

Originally posted by: spidey07

Originally posted by: sohcrates
boy, a couple tough fridays in a row for the market

i am thinking of cashing out and keeping all my money under my mattress at this point

I'm pouring more money in. It's buy, buy, buy time.

Bingo.

Let the noobs with no experience sell.

The millionaires are waiting to pounce......HARD.

 

[dr150]

Originally posted by: HeroOfPellinor

Originally posted by: Toastedlightly
Why do some people seem happy about a collapsing market?

My 401K contributions are grabbing double the shares they were a few years ago, so when the market picks back up my portfolio is going to be much shinier.

Depends on sound investments.

Sometimes, you can't shine a turd.

 

[imported_Lothar]

Originally posted by: Toastedlightly
Why do some people seem happy about a collapsing market?

"There's no reason we should become fearful if a stock goes down. If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month."
-Warren Buffett, 2008 Berkshire Hathaway shareholders meeting

 

[SampSon]

Originally posted by: Slew Foot
What exactly is the difference between Freddie Mac and Fannie Mae?

Wait, the guy who always has plenty of input in real estate threads doesn't know the difference between FNMA and FHLMC? Now it all makes sense.

 

[Slew Foot]

Originally posted by: SampSon

Originally posted by: Slew Foot
What exactly is the difference between Freddie Mac and Fannie Mae?

Wait, the guy who always has plenty of input in real estate threads doesn't know the difference between FNMA and FHLMC? Now it all makes sense.

And yet all you geniuses have yet to answer :roll:

 

[Bateluer]

Wish I had some free money to buy up some of these cheap stocks.

 

[SampSon]

Originally posted by: Slew Foot

Originally posted by: SampSon

Originally posted by: Slew Foot
What exactly is the difference between Freddie Mac and Fannie Mae?

Wait, the guy who always has plenty of input in real estate threads doesn't know the difference between FNMA and FHLMC? Now it all makes sense.

And yet all you geniuses have yet to answer :roll:

FNMA is the first government sponsored enterprise chartered by the government in the early 20th century to provide secondary market loans for property.

FHLMC is also a government sponsored enterprise chartered by the government to provide loans for the secondary mortgage market. FHLMC (freddie) was created to create competition in the secondary mortgage market that was monopolized by FNMA (fannie).

They provide the same services. FNMA was part of the government for the first 30+- years of its existance. Then Freddie was created to provide compeition in the secondary market as a private corporation. Around the same time Fannie (or part of it) was also converted into a private corporation and no longer provided only guaranteed loans.

The primary difference between the two is their creation, initial purpose and methods of financing mortgages and securing them.