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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (23768)2/17/2005 10:24:42 AM
From: kailuabruddah  Read Replies (3) of 116555
 
Thanks for the encouragement - I appreciate it...

I am headed back to my birthplace for a 10 day vacation/family visit:

co.honolulu.hi.us

As the price of RE in Hawaii has jumped 100% to 150% in the past 5 years (depending on the location of course), I intend to play the role of "buyer" at a few open houses/new construction developments... I will let everyone know how it goes...

I have a feeling the Hawaii RE party could last another 9 to 12 months - while I think Vegas, CA, FL, etc tops will be here over the next 3 to 6 months (and are perhaps here now) - certainly the reported prices and inventory levels for March, April, May will tell us if we are there yet...

My current positions:

Long: GSS, RANGY

Short: LEN, SPF, QQQQ
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