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Bloomberg did not make the BIG money through trading....well, he might have or might not, but its clear that he made money by selling those terminals to traders.

Ford was a wrong call. I never said anything about Goog. FSLR is still out. Its still sloshing around up top. The Spy has not cleared through the resistance. As well, I think your throwing stones in a glass house. All last year you were pounding the pavement on being long then...

Why not go long when the stock is in a clear uptrend? All we know now is that the stock is in a clear downtrend. This, of course, may be a bottom or it might not. Why not wait a bit until its clear that it is a bottom versus trying to predict the bottom? 30 cents down from here means a 10...

You seem to be the typical bull market trader where you think it will do this and it does because its always good to "buy the dip". I dont believe this is just another dip in a bull market, but a bear market that will last a few years or several years. You made a profit on Goog, but you...

Many of you guys are quite young and never traded through a downtrend. Remember BRCM from 1999 to 2002? BRCM was at 180 and then over a course of almost 2 years it went to 4 dollars. There were quite a few ups and downs along the way. A few rallies and dumps. The market generally doesnt...

If I was long on Goog, then I would take some profits at today's level. For some people who longed goog above today's price point, they will figure that is this their chance to unload. While others who longed the stock below today's price, will be selling to lock in profit before the weekend...

Hehe. Its either going to be a triple breakout or breakdown. Its too early to call just yet. We now have 4 points of resistance. The high today appears to be 1389, the last high was 1386, the one previous 1388 and the one previous 1396. Before we start celebrating, lets wait until...

Lets discuss this... Homebuilders make money through building and selling houses. New homes... The following link is to a chart that I created of new home permits: http://www.elitetrader.com/vb/attachment.php?s=&postid=1888226 Since 1961, there is a certain line that permits has not...

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I dont believe the inflation adjustment will matter in these technical charts. For example, American Airlines. It was at 40 in 2001 and then it hit 40 again in 07. Amazingly enough, it went down from there. Was it a coincidence that it could not seem to get over 40? Inflation or...

A long long time ago my uncle looked me in the eye and stated matter of factly that he doesnt work jobs he does not like. This was many many years ago way back when. At the time, I was much younger and didnt understand what he meant. I was just happy to have a good paying job and thats...

Short Google at 540-550 area. Thats the true area of resistance. If it doesnt make it through, then it wont. The ES is down slightly right now and Asia is partially in the red. The good news from Google will only provide temporary relief. Im betting that the market will use the earnings...

Finally since 2003. Feel free to download the spreadsheet and make your own charts and discuss your observations on here. Obviously, technical analysis can probably be used for housing prices just as it can be used for stocks. There is actually a candlestick charting tool in Excel as...

Average price since 2000

It appears that price was riding up a certain trend line from 1970 to 1986. Price then jumped to a new trend line that was steeper then the original. Around 2000 price then jumped to an even steeper trend line. Price is now bumping up and down. This chart appears to be a BARF or Bump and...

Average prices since 1995

Here is the average (not median) prices since 1990. By the way, you can find all this data on google by typing in average housing price census excel. I believe that will bring you some hits to the government website. Excel has a charting tool built in.

Now, as a gag, here is the Broadcomm chart from the tech bubble. Notice how the price of Broadcomm is bumping up a similiar trend line similiar to the housing price chart. Then suddenly, the price gets lifted way above the trend line. We all know what happened after BRCM got to 180.... Now...

Average median price (not average, median price)

New Permits chart monthly line chart