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  1. M

    housing crash

    http://www.realtor.com/FindHome/HomeListing.asp?snum=39&locallnk=yes&frm=bymap&mnbed=0&mnbath=0&mnprice=900000&mxprice=99999999&js=off&pgnum=4&fid=so&mnsqft=&mls=xmls&areaid=11&typ=1%2C+2%2C+3%2C+4%2C+5%2C+6%2C+7&poe=realtor&ct=Charlotte&st=NC&sbint=&vtsort=&sid=04B0116F40C8C&snumxlid=1045327026&...
  2. M

    ECNs, Arbitrage oppurtunities, new SEC trade-thru rule

    That type of arb. used to work well between the ecn's and the nyse several years ago before everyone began to use them. Example: EMC was melting down and would gap a point at a time, often there was time to grab a few thousand shares from an ecn (seconds after he gapped the stock down) and...
  3. M

    housing crash

    re: We all need at least $250K salary to be able to afford a median-priced home in most coastal areas of California. Problem is less than 5% of the families are paid that well.The discrepancy between 50% of the houses and 5% of the population is huge. That means 45% of the houses are either...
  4. M

    To Realtors

    Everyone has to get paid. The last time I looked my CPA, plumber, mechanic, doctor, shoe salesman........... all get paid. Just like everyone on this board realtors are not in business to be volunteers... If you want to circumvent the commission sell "By Owner" and use a real estate...
  5. M

    Gambling Pure and Simple

    My advise: Trade smaller size until you get consistent (16000 shares with that account size is suicidal). Slowly build your size over time. One bad move can blow your entire grubstake. That is to much to risk on any given trade. Also try to make your winning trades larger than you losing...
  6. M

    Housing Rolling Along 2

    Another point: Low interest rate are not the only catalyst for the incredible demand we are seeing in places like Miami for example. Other causes: The week dollar vs. the Euro and Pound has contributed to a surge in buyers from Europe. Baby Boomer demand. Speculative money from...
  7. M

    Housing Rolling Along 2

    I personally like being in the middle of a market frenzy. To many of you have spent the last 4 years on the sidelines and missed out on incredible profit opportunities in real estate. Statistics show that the frenzy is localized not national. Dooms day forecasters need to qualify this before...
  8. M

    Pictures of your trading stations

    Amazing, This thread started off with people showing off their trading stations...........and when the biggest badest trade station comes along you guys regress and behave like vindictive teenage girls toward the rich pretty girl on the block...... In a way this is a microcosm of what has...
  9. M

    Don's openings and more for 2005

    Sorry friend, I do not trade at Bright nor do I trade the OO's. I do, however, give credit where credit is due...... 3 years posting results day in day out....... free flow of information....... real people posting real results. This is one of the better threads on this site. As you...
  10. M

    Don's openings and more for 2005

    Ouote: " He is simply using this thread as a marketing tool to sell $3000 boot camp's and recruit traders to bright" So............Your point is? There is more than one way to skin a cat (or should I say turn a profit).
  11. M

    Don's openings and more for 2005

    gr8trader, This thread has been going on for over 3 years. Every day people who trade the opening come on this site and post their results. There is no other prop. company that would do what Bright is doing here. Every so often they get some know it all flamer like you who decides to jump in...
  12. M

    housing crash

    Jem, I will send you a pm.
  13. M

    housing crash

    SethArb Re:hi midas ... how are your returns compared to your prior returns trading the market? less perhaps , but with far less stress? Less stress and not very time consuming. If I turn it up a couple of notches the returns would far outweigh any trading profits. This is...
  14. M

    housing crash

    re:So on average you can build a home for 75-80% of the market value over there, after all costs? Modular construction is less expensive because most of the work is done off site in a plant. Similar to how Ford revolutionized the manufacturing of cars. The manufacturer of these homes is...
  15. M

    housing crash

    Re:which states do you operate in? The houses I put up are in south central FL (traditionally a agricultural area) but now it is seeing a great deal of migration from over priced Palm Beach County (over 3000 new homesites are in permitting as we speak). This is what some people call double...
  16. M

    housing crash

    re:"Interesting. What "picks and shovels" are you selling?" I started a mortgage company. Re: How do I limit risk? On the "picks and shovels" side: All my brokers are independent contractors so I only pay them when they bring in loans. They work from home and I have a shared...
  17. M

    housing crash

    I made my living day trading at the height of the stock market bubble and during its meltdown. Now I make my living "selling picks and shovels" to the new age real estate gold rush participants in Florida. I also build spec homes. When the real estate market cools I will most likely move...
  18. M

    Consistently Profitable Day Traders

    I started in 2000 with $8,000 in debt (not from trading) at a prop firm that took traders with no money. 2001 I made 90k. 02 to 03 130k. Half of 03 to 04 50k. (I can count the number of down months on one hand) From Aug of 03 until now I have taken some time off to start a...
  19. M

    housing crash

    As long as the amount of demand out weighs the number of buildable lots (in areas of population growth) you will see price appreciation. If you want to get into this become a developer..... buy subdivide and sell.....
  20. M

    housing crash

    re:I realized that what is happening in our areas is that the county commissions can't approve subdivisions fast enough, so there is a shortage of buildable lots in planned unit developments (PUDs) with the infrastructure already in place. This is exactly why we see price appreciation. The...
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