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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (168971)	12/4/2008 11:31:03 AM
From: Smiling Bob	Respond to of 306849

My best move this week was unloading oil, thanks to some of your posts. My worst was forgetting how easily and high AMZN can run over the course of several days- and adding HB puts. All in all, a very painful strategy. Why is BB testifying about the ramifications of home foreclosure? Don't we have a cabinet position for housing?

To: Perspective who wrote (168971)	12/4/2008 11:43:27 AM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 306849

Agree. SRS is a bargain here.....I bought a little more.

To: Perspective who wrote (168971)	12/4/2008 11:55:28 AM
From: DebtBomb	Respond to of 306849

Yes...all of those newly unemployed will be rushing out to have houses built. Either that or the Martians are coming.

To: Perspective who wrote (168971)	12/4/2008 4:30:35 PM
From: James Hutton	Respond to of 306849

"I can understand the people buying homebuilders - yeah, try to catch that bottom. But WTF are they thinking on the REITs? Where are they going to GO from here? WTF, we gonna go back to 2007? Come on. Oh well, opportunity abounds I guess. I just wanted to stay flat for the holidays, but I guess that plan isn't gonna work." 1. REITs have been pretty oversold and now trade like HOV and SPF were in the homie space not so long ago. 2. Wall Street herdthink must be - OK, the gov is indirectly bailing out the homebuilders by claiming they'll lower interest rates. That means the REITs will soon be allowed their place at the trough.

To: Perspective who wrote (168971)	12/4/2008 8:00:52 PM
From: orkrious	Read Replies (4) \| Respond to of 306849

I've got news for folks: if energy can't pick it's carcass up off the mat, it's NOT BULLISH for anything else. Especially finance. Deflationary wipeout, here we come... In theory it's bullish for gold miners, who use a ton of the stuff. In practice, even though gold is about even for the last 12 months, the miners are suffering their own deflationary wipeout, along with my PF. I shopped for new tires the other day. When I bought them for my four year old car four years ago a supposedly good set of Continentals cost me $100 each. I'm guessing thanks to the high cost of oil when they were manufactured they are now up to $150 each. Does anyone think that if I wait until the spring the lower cost of petroleum will have worked its way back into the cost of the tires and they will be significantly less?