Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Les H who wrote (217156)	8/24/2009 3:20:41 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 306849

Only the cheap houses selling... cnbc.com Existing Homes: What's Really Selling Existing home sales rose for the fourth straight month in a row, now to the highest pace in two years. Excellent news that buyers are getting off the fence, but they're only getting off at a certain price point. Just like in retail, where the big bargain stores are showing gains, only the low end of the housing market is moving. As I did last month, I asked the Realtors to break down sales for me by price point. Take a look: CHART ON SITE.

To: Les H who wrote (217156)	8/24/2009 4:08:24 PM
From: Les H	Read Replies (3) \| Respond to of 306849

Another prison consultant, Larry Levine, who actually turned down work for Madoff, has told reporters that the fraudster is seen in the same category as child molesters. His advice to Madoff is pretty simple: "He needs to keep his mouth shut, his ears open, show respect, humble himself. He needs to wipe that arrogant smile off his face, sleep on his backside, keep a tight grip on his soap bar in the showers, and he should not trust anybody where he's at because the institutions are loaded with informants and they would like nothing better than to find something out on Bernie to trade to the FBI to use as a tool to get time off on their own sentence ... He needs to maintain high visibility and refrain from putting himself in a situation where he'd be compromised. Don't engage in gambling, don't borrow anything from anybody, don't lie, don't tell on anybody." Given that he'll be mixing with murderers and rapists, and exposed to white supremacist gangs with a hatred of Jews, Madoff will need all the help he can get.