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

To: Broken_Clock who wrote (241926)	3/23/2010 1:33:11 PM
From: The Reaper	Read Replies (6) \| Respond to of 306849

Market Update 23 March 2015 The DOW rebounded from a crushing six point opening sell off to close the day at 21,626, up 43 points for the day. The rebound came after there were reports, later denied, that European officials are working on a bailout for EU member Greece. Greece has been in a state of near suspended animation since debt woes struck the country in early 2010, though strikes have been averted through the daily airing on government controlled television of an Anthony Quinn film extravaganza. It was the DOW’s 722nd consecutive positive close, as well as the 217th straight positive Monday close. The strongest sectors were, as has been the case for the last half decade, consumer retail, banks, homebuilders, and specialty coffee companies. Key movers were Sears Holdings, whose stocked jumped after reports surfaced that billionaire Ed Lampert was increasing his stake in the retailer to just above 100%, and KBHomes, who reported their 63rd consecutive smaller than expected quarterly loss. Overall volume was somewhat light at just under five thousand shares. There were 4,658 new highs, no new lows, with 2852 counters unchanged. 3788 companies showed no volume whatsoever, which independent market commentator Dennis Kneale was quick to point out “indicates the shares are held by strong hands“. The market also received a small boost from influential market startegist Abby Joseph Cohen of Goldman Sachs-Wells Fargo-Bank of America Advisors, who said that she believes the market is 13.5% undervalued. Offsetting this somewhat were comments by perennial bear Robert Prechter, who advised clients to go 10,350% short in preparation for the arrival of P3. Mr. Prechter was interviewed by Bloomberg Fox Business News reporter Charles Gasparino from Prechter’s suite at the Bellevue Institute for the Perpetually Pessimistic. The two later dined together at Elaines. In economic data, the market was buoyed by a better than expected 100% increase in sales of existing homes, though some market watchers argued the data was only cause for cautious optimism rather than outright euphoria, coming as it did after last month’s nationwide sales of that single home in the suddenly chic downtown area of Detroit. The market awaits Friday’s release of the BLS monthly employment figures, where market consensus calls for a better than expected number. Last month’s figures are expected to be revised down, as they have been every single month since the fall of 2009, though economist Robert Barbera donwplayed this anticipated revision, reminding the market that labor is a lagging indicator and that unemployment of 36% means that 64% of the labor force is gainfully employed. Mr. Barbera’s models show labor bottoming within the next few months. Elsewhere, the Federal Reserve released its latest balance sheet today, showing that total assets stand just below $47 trillion. Among the key month-to-month changes, the Fed increased its holdings of Hong Kong mortgaged backed securities, and slightly reduced its holding of Icelandic Government debt. Other key items highlighted included a slight increase in the holdings of Maiden Lane LXVII, the vehicle formed to support Kenyan real estate prices after Somali pirates, stung by the total collapse of world trade, could no longer make payments on their Mombasa properties. In other markets, gold fell $8 to close at $1097. Gold has been in a tight range of approximately $1090 to $1135 for five years. Two noted gold experts, Jim Sinclair and Gordon Gekko, reiterated their call to BUY GOLD NOW! In a related market story, former Zero Hedge founder Tyler Durden lost yet another appeal against the contempt of court charge that has kept him confined in a Federal lockup since late 2010. Mr. Durden, who reportedly suffers from a multiple personality disorder, was charged with contempt for failing to reveal his source for an article he wrote detailing the Federal Reserve's acceptance of Pets.com stock and Russian Czarist Bonds as collateral at the Fed’s Primary Dealer Credit Facility. Fed Chairman in Perpetuity Ben Bernanke has yet to comment on the allegations, other than to say he’ll look into it. Representative Ron Paul added that he will hold Bernanke to it. Stolen from ZeroHedge comments.

To: Broken_Clock who wrote (241926)	3/23/2010 3:04:13 PM
From: Skeeter Bug	Respond to of 306849

BC, not only do you pay for the sins of others, you will also pay interest on the amount you have to pay for the sins of others. help us end debt based money and created debt free sovereign money. swarmusa.com registered users are up almost 67% in the last week (approaching 500).

To: Broken_Clock who wrote (241926)	3/23/2010 3:05:56 PM
From: LTK007	Read Replies (2) \| Respond to of 306849

If you think you are superior being, a Superman, yeh i can see YOU thinking you don't need to pay. You speak of being a quite active surfer and/or farmer, do you therefore think that if you get stage 3 or stage 4 malignant malenoma and didn't coat yourself in sunscreen, you therefore think you don't deserve to have people pay for your predicament, or give damn, for that matter---they have the right to say" he got what he was asking for" MM cases are spreading rapidly, such that it is NO longer a rare disease,btw. Max p.s. My sister died a rapid and brutal and devasting death from OatCell Cancer, she was 105pounds when diagnosed, was 50pounds at death(Oatcell Lung Cancer is oft called Smokers Cancer, as it happens only smokers OR ex-smokers get it--other than rare anomaly cases) My sister quit smoking 10 years BEFORE she got Lung Cancer.Maybe you think all people that were smokers don't deserve coverage. Fact all smokers that have quit STILL run a much higher risk for Oatcell Lung Cancer than those that never smoked. Look at the NCI table on that, its on their web-site. You would hate Kurt Vonnegut,jr----he smoked until he died, at 85 from a bad fall. When are you going to promote Prohibition for drinking alcohol? As it is a major feeder into health problems. o yes this last bit i use Miracle-Gro, i have seen Organics get hysterical over the use of Miracle-Gro! Hell i have seen them get twitchy over my using bags of 10/10/10 or whatever--as it wasn't compost. i asked myself what in the hell are they afraid of---Geesus i see some people during Black-Fly cover from head to toe and a ghaltly Black- Head veil worn over a hat--if a women they look like females in the Taliban(if a man they look like the Grim Reaper). Why do they do this? A dread fear that DEET will kill them?---i use DEET liberally and am 69 and in exceptional condition for 69. And then we have the perfume hysterics, that can then get deep psychosomatic illnesses---my god they are afraid of scented flowers.---enuff already.Max O, by the way, i do NOT! recommend smoking--i emphatically encourage people not to smoke.