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  1. O

    Will Oil hit 70$ this week

    No kidding...I missed that airing. Bet they don't run it again anytime soon..."too upsetting" for many.
  2. O

    Will Oil hit 70$ this week

    Hurricane Katrina is going to wreak havoc with Natural Gas and Crude supplies out of the gulf of Mexico. New Orleans is 6 feet below sea level. They say it could take 6 months to pump the water out of New Orleans which is home to Henry Hub. New Orleans is already pumping (in good weather)...
  3. O

    housing crash

    Another brilliant statement from the head "Realtor" (cheerleader).... "If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years," said David Lereah, chief economist of the National Association of Realtors and author of "Are You Missing the Real...
  4. O

    Housing Rolling Along 2

    I wouldn't expect anyone to put a great deal of work in responding to you. Doing so most always elicits personal comments about the posters "mental illness", etc. As far as the aerospace "leaving" comment...the facts as I see them go something like this. Although many did blame aerospace as...
  5. O

    Housing Rolling Along 2

    Very true, we all can see the tree branches loaded with fruit...but it's not quite ready to pick. Ben here could keep the party going another inning!
  6. O

    Housing Rolling Along 2

    Many others share your opinion (as I do also). This link is to a great article showing that a guy has dumped over 1 million shares of a home builder while arguing against the premise of a housing bubble. Much like the Toll bros themselves. Read down, especially towards the bottom....best...
  7. O

    Real Estate: Fundamentals

    Steve, you get a very different take than I do about Roach's comments. I see carefully worded plain English, all of Steven Roach's commentary is like that. His contrarian economist commentary is excellent, insightful, and gives contrast and balance to whitewash economists like NAHB's David...
  8. O

    Real Estate: Fundamentals

    Fannie Mae exec comments (covering his ass...) http://www.marketwatch.com/news/story.asp?guid=%7B5A56987D-4CB1-4CE9-B082-2DFE1CAA54F6%7D&siteid=google "The possibility of a housing bust has "risen sharply in certain parts" of the U.S., thanks to a number of conditions including easier...
  9. O

    Real Estate: Fundamentals

    Roach would indeed be wrong if he said houses might become worthless. But you know he said no such thing. Roach speaks of market liquidity, and in a down real estate market transaction volume dries up. The remaining sellers who just have to sell accept much less. In Los Angeles the last real...
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    Real Estate: Fundamentals

    http://www.thehindubusinessline.com/2005/06/18/stories/2005061801270600.htm Beware housing bubble June 17 THERE is a need to make sure that all the stakeholders in the housing sector - development authorities, regulators, housing finance companies, banks and developers - work together...
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    Real Estate: Fundamentals

    http://www.lewrockwell.com/englund/englund24.html "Houses Are Consumer Durables, Not Investments by Eric Englund Over time, under a 100% gold standard, a house would gradually depreciate in value. A house, after all, is nothing more than a durable consumer good – it is a capital...
  12. O

    Real Estate: Fundamentals

    Jem, I for one have enjoyed your posts and wish you luck in whatever your future choices are. But I think this market gives one pause...(1) Greenspan has just sent the "guidance" letter to banks and S & L's about their lending practices. (2)The yield is narrowing, this may tighten lending as...
  13. O

    Is Wal-Mart the main reason why we're not seeing major inflation in this country?

    I think Wal-Mart is probably the most visible presence of Chinese made goods because of their marketing and pervasiveness...they are everywhere. And most everything in their stores, it seems anyway, is made in China. But make no mistake, Wal-Mart is just a fraction of China's output. The...
  14. O

    Toyota chief fears GM, Ford demise

    To me this really is the whole issue. When GM comes out with cars like the Malibu Maxx or the Pontiac Aztec...and this is their only answer to extremely well crafted vehicles like the Camry, the Accord, or the Highlander and Pilot, they are doomed. The management of GM, if they had any...
  15. O

    Housing Rolling Along 2

    Interesting news...this fund manager has been one of the biggest real estate bulls for a number of years. Makes sense, sell into strength after having bought weakness a number of years ago. Booking a nice profit for his shareholders too. Smart money sneaks out the backdoor, while the dumb...
  16. O

    Running Out of Bubbles

    Only when all the real estate bears show angst, frustration, and throw in the towel...and all the bulls have exhausted their kinky mortgage options can this thing actually crash.
  17. O

    Real Estate: Fundamentals

    Looks like Bruce Toll is quietly selling off a "little" more of his stock while the exit door is big enough to fit through. Perhaps the kids need braces or the garage needs paint? http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3503803
  18. O

    Has Buffet Lost His Touch?

    See the smile get wiped right off Bill's face in the .mpg below. All of these guys have body guards, sometimes an egg or pie gets through though! http://www.bitstorm.org/gates/creamedgates.mpg
  19. O

    Say it aint so Miss May!!!!

    I saw this posted the other day on this topic...the shoeshine boy has spoken! Perhaps now the runaway bride can become a realtor? OWP http://thehousingbubble.blogspot.com/2005/05/so-long-playboy-hello-real-estate.html#comments "Now they're not just ringing a bell, they're sounding off...
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    Real Estate: Fundamentals

    I thought this article's point, that "excess gearing" might contribute to "financial instability", was a good one. OWP http://www.ajc.com/search/content/auto/epaper/editions/sunday/business_2409111fb2f7a1091022.html Expect a price collapse in housing market Donald Ratajczak - For the...
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