posted
been trading in range of 36 to 37 breaks 36 and shoots up breaks 37 and goes down, we'll see what tomorrow brings, oil dropping like a rock.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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<HOlD tight.>
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posted
HOLD TIGHT . We will bounce soon. sell at that time
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posted
Oil isnt done yet.. I figure that crudey ol boy is gonna Spurt right back up! Do you know why gas isnt going down at the pumps even if crude oil is dropping.. 1.07 a liter here in canada
-------------------- Dead Kennedys-"Give me convenience or give me death" Posts: 470 | From: Vancouver B.C | Registered: Jan 2005
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<BuyAtBottom>
unregistered
posted
stock market is always 9 months ahead of the economy. it should have a bounce next week, which everybody should take as an opportunity to sell in the bounce. i really believe the housing market is going to slow down towards the end of the year or by the first quarter of next year. next few months will tell the story.
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<BuyAtBottom>
unregistered
posted
one thing for sure, i bet you this quarter all the builders are going to report record revenues. it's the next 2 quarters that i would be concerned with.
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<BuyAtBottom>
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posted
another thing that is scary. that there is a lot of homes and condos that are just bought by investors who are using interest only or adjustable rate loans. they pulled out all their money out of the stock market which has created this big real estate boom. the houses or condos are never lived in or rented out. they are just be flipped becauses prices are just going up. when it slows down, there is going to be a big excess of homes and condos for sale which were never lived in or rented out.
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