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


To: ChanceIs who wrote (175280)1/6/2009 10:31:14 AM
From: Bank Holding CompanyRespond to of 306849
 
Oh crap. Thanks for reminding me. I need to pay my Macy's bill.



To: ChanceIs who wrote (175280)1/6/2009 11:25:51 AM
From: PerspectiveRespond to of 306849
 
< I can't figure why the homebuilders are up almost 100% since November. Or the dining stocks. Or Macy's.>

Opportunity knocks. The timing is the only tricky part. This correction is getting about to what I would call my average expected duration, but it could easily go on until March. One likes to use stop losses, which means timing is vital. Don't have to nail the top, prolly even better to let somebody else have it. Too bad I rarely take my own advice.

Those dining stocks are attractive now. They've all soared because gas fell so much so quickly. I'm not so sure people are going to rush back out to the restaurants. Do any of them post interim sales data like the retailers?

I'm pi$$ed this morning about those retroactive homebuilder tax rebates. What a crock of $hit. I rode my bike past like THREE different signs for !!!NEW HOMES!!! for sale. What part of WE DON'T NEED NO MORE FACKING HOUSES BUILT don't they get? And giving them a handout?!? Just makes it worse. They're continuing to tear up land for no good cause. We can't afford the homes and cars we've already got. Stop it for Chrissakes!

`BC



To: ChanceIs who wrote (175280)1/6/2009 11:52:27 AM
From: PerspectiveRespond to of 306849
 
<I can't figure why the homebuilders are up almost 100% since November.>

My guess is that you need to be rooting for good news. All the clever folks who've been buying the bad news might sell at the first hint of good headlines. If they're coming, it would be on the heels of the recent mortgage rate collapse.

`BC



To: ChanceIs who wrote (175280)1/6/2009 12:27:12 PM
From: PerspectiveRead Replies (4) | Respond to of 306849
 
CHH - What the heck am I missing here? Revpar is down 20-30% year-on-year, but forward estimates for CHH show little decline. This kind of revenue plunge should be catastrophic for them, no?

biz.yahoo.com
For the week ended Dec. 27, U.S. hotel occupancy dropped 16.4 percent and the average daily rate slid 9.5 percent to end the week at $92.49. As a result, revenue per available room fell 24.3 percent to $33.13. Revenue per available room, or revpar, is a key gauge of a hotelier's performance.

finance.yahoo.com

Stock's a stone's throw from 52-week highs:



`BC