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Sun May 20



Market Turning Points
Safehaven [MARKET]
Last weeks summary turned out to be correct, and the SPX has now reached price and time targets which should trigger a relief rally, but this could be delayed by a couple of days by a shorter cycle bottoming on Wednesday. [...]




Sun May 20



Gold COT (CFTC - Commitment of Traders) for Period 5/9 - 5/15/2012
Safehaven [COMMITMENT]
Gold COT: The commercials are working their way out of their massive short positions they have accumulated, over the years since 2010, and those positions have not been there for window dressing. [...]




Sun May 20



Previous year tax returns
Mortgagefit [YEAR]
How greatly do previous years taxes filed effect your ability to obtain a mortgage? Do you have to have the same level of income for the past two years to get a mortgage loan? [...]




Sun May 20



File with underwriter
Mortgagefit [UNDERWRITER]
Well, my file went to the underwriter on Monday after we worked with our broker to get everything together. Now, they are playing the waiting game. I know that someone has looked at the file only because they did come back on yesterday asking for us to sign 2 forms that were not included in the file. I have followed up with our broker today to check status and he is placing a call with the lender. Fingers crossed we can get our answer soon. [...]




Sat May 19



Capital One Customers: Stick With The Credit Cards, Steer Clear Of The CDs
Bankaholic [STICK]
CD rates are mediocre, at best, at McLean, Va.-based Capital One Bank, which has 1,000 branches in Connecticut, Delaware, Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C. [...]




Sat May 19



Investor Sentiment: Are We There Yet?
Safehaven [YET]
There are very few bears out there. Market bottoms occur when investors are bearish, and sustainable rallies start with short covering and with a lot more investors on the sidelines ready to chase prices higher. These conditions do not ... [...]




Sun May 20



Closing Document Problem
Mortgagefit [DOCUMENT]
I signed the closing documents yesterday, brought to my home by the notary. but did not sign all of them because there was an error. I was the one who found the error. I had advised the closer to correct the error before the closing. they still send over the wrong documents. it took several phone calls to resolve the problem. should i be able to ask for a discount on the closing costs for my inconvenience? i feel like everyone is making $$ off my loan and i am doing everyones work for ... [...]




Sun May 20



Divorce
Mortgagefit [DIVORCE]
My husband and I own commercial real estate. We are contemplating divorce and have been legally seperated for 2 years now. The joint property we own, he operates a shoe repair and uphostery shop and he resides there. He has full use of the property and he wants me to share in with the mortgage, insurance, and taxes. He receives all profits and does not share any with me, but he wants me to share in the cost of his expense. He gives me $300 a month for our 6 yrs old daughter and not on a regular [...]




Sat May 19



The State of the Trend
Safehaven [STATE]
Last weeks suggestion that traders should be selling rallies proved to be the right strategy all week long. The SPX lost 58 points and market internals deteriorated even further. [...]




Sun May 20



Daily Divergence with our Breadth Index
Safehaven [BREADTH]
Our Breadth index slightly improved on Friday while the market continued to slide. We havent seen the final "wash out" we were waiting for, but due to this divergence, we decided to cut our short position by half at market close ... [...]

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