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

To: Smiling Bob who wrote (258904)	7/7/2010 5:09:19 AM
From: LTK007	Read Replies (1) \| Respond to of 306849

i assume that post was to joseffly. You know what is frightening about this guy, he has had 162 RECOMMENDATIONS in the past 6 days on this thread--but his marked versus ignored is 15 versus 81, which indicates he has good more ditto heads than people that mark him(probably they are non members) So the scary part is this jerk-off is in no way alone in those of like mind to him. But i LOVE freedom of speech, because it let's me know who the my "enemy" is--this rightful depiction you wrote fits what is enemy for me<< makes you nothing but a sociopathic loser a-hole than has zero to offer in real life so you subject this thread to your dribble- because you can. Your opinions are nothing but farts in an elevator"" Sadly i think it is those 161 recommendations in just 6 days on Residential Thread that keeps joseffly posting as there are too many to whom his farts in an elevator smell like perfume, but Pigs surely also think their farts and defecations smell like perfume. Max

To: Smiling Bob who wrote (258904)	7/9/2010 8:06:18 AM
From: TH	Read Replies (1) \| Respond to of 306849

SB, One of my best friends is a hardcore Republican. Barry Goldwater tattoo on his ass. And a really intelligent guy and CEO of a tech company. No matter what I tell him, he refuses to believe there is only one real party. The vast majority from either party are pond scum, owned and operated by special interests and not the least bit interested in serving the American people. It is bizarre how easy it is to divide and conquer Americans. GT TH

To: Smiling Bob who wrote (258904)	7/9/2010 9:04:16 AM
From: DebtBomb	Respond to of 306849

36 recs....congress must love it. LOL. They want the sheeple to think there's a difference between D's and R's.

To: Smiling Bob who wrote (258904)	7/9/2010 10:26:40 AM
From: RetiredNow	Read Replies (2) \| Respond to of 306849

Whew. It took me awhile to wade through all the political posts. I think this thread is now 80% political drivel and 20% financial. Egads! Anyway, here's an article that gets us back on topic: Major Bond-Equity Divergence Implies Stocks Are Mispriced By 60 Points; Goldman Warns Not To "Chase Equity Bounce" Submitted by Tyler Durden on 07/09/2010 07:25 -0500 zerohedge.com Just like the daily occurrences of dislocations in the carry trade and risk assets, another major divergence has developed in the market, this time between bonds and stocks. As the following chart from Goldman points out, over the past month, stocks and 10 year yields have diverged quite notably, with a convergence of the two series implying an up to 60 S&P point disconnect. As these types of convergences are by far the least risky trades available (or most risky, depending on the amount of leverage), a recoupling bias would suggest shorting the broader market and selling the 10 Year (betting on a yield increase). Either way, it is obvious that the credit market, which is inevitably always right compared to the computerized pandemonium of stocks, suggests a substantial overpricing in equities. Here are Goldman's associated points: * While as discussed on the prior slides there is scope for Wednesday’s bounce in equity markets to extend a bit further, the correlation chart shown opposite makes us feel uncomfortable chasing it, as with the bounce in early-June * This chart shows U.S. 10-year yields in green overlaid with the S&P in blue. * It highlights that the rolling correlation between U.S. 10-year yields and the S&P has picked up since late- April. * Importantly from a trading perspective yields have tended to be the lead indicator for the broader trend over recent weeks. * A divergence is currently developing between the two with equities rising further than yields would imply “they should”. The last something similar developed, in early-/mid-June, it was equities which turned out to be “wrong”, eventually again moving lower to recouple with the level implied by yields. * In conclusion while it’s quite possible the current bounce can run further, we would be uncomfortable actively chasing it as in June.