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Compared last week and last two business days, the stock market is very interesting!

Just about 10 days ago, 3 days afte stock consecutive 3 day rally, my wife asked me: "Is this the time for me to get back into stock?"   My answer is simple: "Stay put where you are."   Last weekend she kept asking the same question.   I told her, "Did I tell you be patient?"  It is a so-called "sentiment" after Gaithner and Benanke release a optimistic aroma.   Some investors are trying to realize their paper gain, cover their short sale to clear their position.  I don't see any fundamental improvement in our economy if it is still as "sound" as those politicians said.

Tonight, I will tell my wife: "See what I told you 10 days ago?  After those big investors make profit, the DOW is definitely coming down before April.  It is very possible for you to see it back to 6700.  Did I tell you that.  A lot of people made a lot money in the last week.  Now, we are going back to the basics if our government won't to stir it up again." 

A few days ago, I made my challenge by a loan proposal.  It seems no any my fellow agent takes it serious.  Okay, I am a lazy guy.  Just let it be.

Well, a chance came in.  A guy "Perry", not that famous TV lawyer, contact me about my notes.  He claimed he control $50 mil in his portfolio.  Sure everyone can put any number on his screen.  I am a naturalist with open mind to look all the alternative, not like Hank Paulson or Obama's people who have chosen one option: to eye on big fat cats with green bucks.  They shut the "eye-door", if not turn their back, to the Main Street Mr. Joe as a banker uses FICO to reject some decent citizen and laugh them out of the door.

Here is my reply to Perry last night for your reference. 

Dear Perry,

You are very interesting. Maybe we can work together as a team to make more money. Tell me what your return rate you expect to get in a year. Try to see if I can do better for you than you thought.

I have my way to do business. All I care is NUMBERS, no emotions. But FICO score is almost never my major concern.

For a trust deed, so many factors are materially more important than FICO such as those basics: LTV, market value, and local market appreciation trend.

Tell you the truth I really don't trust FICO codes because I know how the establishment/ system works. I am a creative individual, not a bolt and knot in a banking machine.  I don't have to follow a book or guideline. 

I have my own way to judge a buyer's decency and safeguard my decision. For example, I had a buyer Laura who paid me off in 11 months. When I wanted to mail her my annual interest charge for tax return, I didn't know her social security number. Sure, now I have all buyers' SSN in file; but still I didn't check their credit score.

I have my ethics to do business, such as "everyone dealing with me has to be happy about the deal and feeling as a winner," i.e. any one can walk away from my deal before close of escrow no matter what reason he has and I don't even ask, even we have a binding contract.

One of my business game rules is to protect the privacy of the other party or my co-workers. I don't release my buyer's credit unless it is needed, such as a binding contract with a contingency on satisfaction of my buyer's score.

So many people, including so-called "birddogs," contacted me about this note. Unlike you, almost first thing for them is to follow book or so-called "proven formula" asking my buyer's credit score. If I gave it to them, trust me my buyer's FICO would be reduced 100 points in just few days by so many inquiries. That's not fair to my buyer/ payor. So please understand my position: unless we have a binding contract, I would not give their private information out even that is very easy for me to just look at my files. Well, so sorry to say that.

I look at you profile in ******.com in which, you claimed, you have control of $50 mil. If you do in that position, I just wonder if we can do a much bigger project, not these small notes, to make your life much easier and more profit. Say, would you give me 1 percent of you fund, $500,000 as my line of credit and we do business as car dealers do?  Every time they buy and sell a car, they apply or re-pay the line of credit to release a car, case by case. I believe I could make you very happy to make a steady profit of much larger amount, under this master plan, with much lighter everyday routine email and paper work.

In addition, while I am providing 50% LTV to your credit/ loan, you are going to be proud of ourselves to know our providing social justice/ charity to the poor in need.

At this moment, just let try to do this note first. After we make some deals and you can judge me. Then we may try to do something else together even before discussing my master project that will give us a glory sense of achievement: a meaning of life.

Enclosed herewith are those info for my two properties you asked and interested. (1) For the note we discuss here: *****.com (2) for the possible note creating later: ******.com 

Thank you for listening. Give me your 2 pennies if you have any question.   ED

From: Perry
Subject: Re: Land contract to ****
To: et@

Date: Sunday, March 29, 2009, 5:07 PM

--- On Sun, 3/29/09, Perry wrote: Ed - I could bring you an offer muy pronto if I only had the credit info. to check on your **** payers so please try to get that info. to me as quickly as you can and the same if you will be carrying any note on the 2nd house too. I hope this message doesn't go into your 'spam' file too. Thanks, Perry