Off topic
oil may drop to about $20us
but I think the market will get worst after chinese new year in HK.

 

it will drop like crazy in HK. HK stock market is very volatile. My mom called me the other day and talked to me about her portfolio in HK. She's basically sitting on it. LOL not too bad. Not too much $ in there but a hell lot more than me. Stupid idiot me didnt sell fre and fnm on black friday. But i did sell almost everything already. Let's all sit on it.

 

It just may, we are now around $40 a barrel.
This hurts the Arabs and Russia (and Norway) but is a blessing to ie EU, US and China,
in the short run.

The best thing is that a GBP pound is soon worth about a Euro
and close to 11 Swedish crowns can be bought for a Euro.

The bad thing is that both GB and Sweden are cold countries this time of the year.

One Euro is today worth some US$ 1,40.

 

oh yeah!!!! Since I deal with mortgage securities, I am sorry for our loss. I diversified internationally, China and India were up 40% last year. Dont hold anything really in US (visa and ford were nice pick up, drop offs. gain of roughly 25%), except big blue chips, but been holding those for so long this loss does not equate to anything... If you invest in the markets, know what you are doing, otherwise you have no one to blame but yourself.... and of course you could see this coming, lending money to everyone (part of Clinton campaign) make everyone a home owner... not everyone deserves a home or a car for that matter.