Home Equity Loan Information - What Is A Home Equity Line Of Credit?

Written by Carrie Reeder

Continued from page 1

Another great reason for taking out a home equity loan is to make improvements on your home. Have you been thinking about adding a swimming pool to your backyard? A greenhouse to your yard? A new bedroom or bathroom addition? A home equity loan is a great way to finance those types of projects.

Your first step should be to talk to your current mortgage company about your options, but donít stop there. You will quickly find that there are plenty of companies who are willing to lend you money against your house, and so you should shop around forrepparttar best deal.

And that brings us to our final point. A home equity loan is secured by your home. What that means is that if you donít makerepparttar 148302 payments on time,repparttar 148303 lender will haverepparttar 148304 right to take your home and sell it in order to collect onrepparttar 148305 debt. Make sure that you are in a position to pay back any amount you borrow against your home!

To see a list of recommended home equity loan companies online, visit this page: http://www.abcloanguide.com/homeequityloan.shtml - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.

Day Trading the SP Futures with Initial S/R and the NYSE TICK

Written by Mike Reed

Continued from page 1

Whenrepparttar SP futures make a quick surge to a strong resistance zone, and then loses momentum at or nearrepparttar 148261 zone, while concurrentlyrepparttar 148262 TICK registers an extreme high reading (usually over +1000), this sets you up for a high-probability short entry, with a hard stop just aboverepparttar 148263 resistance zone.

These counter-trend trades "fade" (meaning to enter a trade againstrepparttar 148264 trend)repparttar 148265 intraday emotional extremes, and may come atrepparttar 148266 beginning of a new trend - giving you a chance to hit a "home run." More often, however, they become scalp trades that don't last long, sometimes less than a minute. Either way, they are high probability trades if you time your entry well.

It takes a lot of practice to time your entries just right on these trades, and you have to be ready to get out immediately (before your hard stop is hit) if you sense that your edge has disappeared. It is difficult to sense whenrepparttar 148267 edge (probability of success) of a trade is gone *before*repparttar 148268 trade changes from a small gain to a small loss. Practice will help *if* you know what you're looking for.

Most traders believe you have to wait for your hard stops to be hit before you can know that a trade's edge is gone. This may be true for most traders, but it doesn't have to be true for you.

Mike Reed is author of TradeStalker's RBI Trader's Updates. Mike has been trading the Market for 23 years. His support and resistance numbers have been published on the internet since 1996. His nightly support and resistance zones are specific and incredibly accurate. He offers an unlimited free trial of his nightly TradeStalker RBI Trader's Updates. http://www.TradeStalker.com - Copyright 2005 Mike Reed

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