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


To: MoneyPenny who wrote (192675)3/23/2009 3:44:34 PM
From: PoetRead Replies (2) | Respond to of 306849
 
I'd like to put your post under the thread header.

You're so right. It's becoming increasing frustrating to talk here these days. The level of general anxiety, and impatience, combined with the tendency to establish onesself as an economic know-it-all (instead of admitting none of us know the future) is frustrating.

Big reco for you, girl. Put it in your black-sholes patent leather bag. -gg



To: MoneyPenny who wrote (192675)3/23/2009 7:21:58 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
I'm enjoying this rally. Seems to be the opposite view here.



To: MoneyPenny who wrote (192675)3/23/2009 9:30:34 PM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
I agree that the makeup of the thread has changed considerably in the last month or two (or maybe just my thoughts have).

Probably about time for me to move on, but not sure yet where the next place to make money will be. Suspect it will be related to energy. Builders won't recover for many years, maybe even a decade. Banks are oversold but they aren't going back to former levels. Pharma is dead, and there hasn't been a blockbuster drug in eons. Consumer tech is a dead bloated pig. Retail is dead. Commercial RE is dead.

Not seeing anything with potential outside the energy arena, with the possible exception of automotive (assuming the pinheads running the automakers can get their sh$# together).



To: MoneyPenny who wrote (192675)3/23/2009 10:44:34 PM
From: MulhollandDriveRespond to of 306849
 
many of us here do not confuse fundamentals of the economic condition of the country with the moves of the market...

frankly, i'm quite thrilled with this rally....i have been telling family members to sell their equity positions into rallies....and for those who are willing to gamble, even take some short term long positions to benefit from the bear market rallies...

i have been quite constuctive wrt long positions (main position is in the XLF understanding that most likely the financials would take any excuse to rally on ANY plan, being so oversold...from what i've read the 'new' plan is the same as the old plan, but no need to quibble with the details<g>)

bottom line is you play the tape you are given....for now, considering the s&p has broken my 805 target convincingly, i'm perfectly content to ride this until it breaks down (hopefully 875, but no guarantees)

you trade the tape, but you ignore washington interventionist news at your peril...

as far as this thread goes....it has become a political cesspool with the usual suspects weighing in with little or nothing to contribute...

i've found a good and actionable answer to the dross on SI, it's called tickerforum