CHESSNOID

Random Noid Musings

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Redfin for android video

Redfin is one of my favorite sites to visit to get information on real estate. It is well organized and includes pictures and previous sales history. This is good for researching the values of homes. There is also a nice search function that allows you to look at recent closed sales aka [...]

US stock markets rocket back up today

Nothing really happened in the stock market today that could justify the 400 plus point gain.  I think it was bargain hunters looking for deals and the silly comment the Fed said that they would promise to keep interest rates at 0% for another two years.
The underlying concerns for the economy are the same as [...]

No more bailouts please. Say NO to Freddie Mac.

Seriously, no taxpayer dollars should be spent on these failed and insolvent companies.  They are not government agencies and should be allowed to fail without exception.  These bailouts are part of the ballooning federal deficit that we are still growing at an alarming rate.
Freddie Mac is a perpetual money pit.  This old post was from [...]

Stock markets plunged today 8.8.2011

Last week and today’s stock market activity does remind me of 2008 when the markets plunged dramatically from the housing crisis.  The numbers recap is below:
Dow           10,810        -635       -5.55%
Nasdaq        2,358        -175       -6.90%
S&P 500     [...]