Recent content by mattjclark

Remember that SoCal recently had 3000-4000 homes disappear from the market (fires). That leaves a lot of people with insurance money either throwing down big money on the current inventory of homes for sale, or tying up the time of the contractors that would typically build the new home...

Let's be clear, I would never, never, never live in Fresno All I said was that I would buy a house (i.e. a rent house) and rent it out to other people that lived there. For the price of one house in the Bay area I could buy two or three houses in other places (like Fresno) and rent them out...

101 will be fine in a couple of years, the problem is that Santa Rosa really isn't any cheaper. A house in Santa Rosa goes for at least $500K. If you want to live in the Russian River (which doesn't have a good road) you can find a house for about $300K, but the river can be very sketchy.

I live in Mill Valley and have a wonderful little apartment (600 sf)that costs me $1000 a month. I've thought very long and hard about purchasing a place (even put in a couple bids) because everyone around me is making tons of money. Here's my biggest issue: A condo the same size as my...

Thank You agpilot, that's just the kind of useful information I was looking for. It does make sense that in the anticipation of the end of the war there were probably some pretty lofty beliefs (ie. high p/e ratios) of what the future would bring. Then when the war was over some reality set...

I'm very curious about what was going on in the markets/business world from 1946-1950. This period saw a slow and steady gain in the major indices and a dramatic drop in PE ratios. I'm trying to understand the context by which PE ratios dropped so severely (higher earnings I suppose)...

I can think back to other times when the Naz and Dow were not trading in sync (as recently as a month ago), but other than Jan-Mar 2000 I don't think any of those periods were terribly significant.

That's the first time we've seen that in almost 2 months. Is this the start of a 100-300 point pull back, or just some pre earnings season jitters?

I don't really agree with Harry, but there are some wacky anomalies with the current Dow Jones and the Dow Jones from 1929-1933 that are hard to ignore. The thing that concerns me the most is something I just realized in the last couple months. Look at the attached chart (bear in mind that...

Certainly its a subjective art, but I have a definite S/R line around 1062 (on the NDX) that the market has totally ignored the past three days. Additionally the psychological barriers of 1000 and 1050 haven't meant much lately. I guess its just another lesson I'm learning. Sometimes...

It seems to me, that the recent support and resistance points have been irrelevant the last three days. What does this mean?

I think he means banks like Citibank that was near bankruptcy until it bet the whole wad on TA.