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    Housing Rolling Along 2

    Pardon me but I think you are absolutely a paranoid gadfly. Last I looked commodity prices are tanking. Are you Rip Van Winkle or something? Oil DOWN HUGE. Gas DOWN HUGE. COPPER DOWN HUGE. Hello?? Also get a lesson on the underlying cause of inflation. It has NOTHING to do with borrowing...
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    Housing Rolling Along 2

    It's always time to trade RE stocks. Right now I'd be inclined to short rather than going long though. :D Problem with shorting is the idiot speculators like to buy on bad news thinking its going it shoot up and can't get any worse than it is. That makes a good bear play do sideways. Hmm...
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    s&p just made intermediate term top @ 1431.8

    I'd rather just reduce government by taking 36 or so "representatives" from red states (randomly chosen of course) and put everyone else in gov on the streets working to pay for all the taxes and entitlement programs they are proposing or refusing to address. hehe "Politicians for life"...
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    s&p just made intermediate term top @ 1431.8

    Agree, assuming a reasonably normal distribution, 36 samples is all that is generally required to get a statistically significant inference. TS
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    SPX Credit Spread Trader

    Too many economic reports coming out this week as well as early earnings. So, punching out of my RUT positions early to capture profits here with RUT showing some profit taking. This is my first ever RUT (IWM ISHARES) spread. PUT (IOW) ISHARES TR RUSSELL JAN 73/76 Margin At Risk: $9,000...
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    SPX Credit Spread Trader

    Yeah - that would be way to much to give up. I am not really wanting or asking the brokers to change the "for record" accounting software. Rather, I just want a software button on my trading platform to temporarily ignore the synthetic tax basis adjustments coming from the broker's tax...
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    SPX Credit Spread Trader

    Thanks Mark. I was hoping it was something like this. But it sure looked scary seeing that I have only a nickle left of unearned credit difference and my net possible take home is only a few thousand dollars. I was looking for over $10K more than I expected this week. Funny enough earning only a...
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    s&p just made intermediate term top @ 1431.8

    SPX is going up an onward from here. I just hope not this week since I am short a huge block of calls I wrote through this weeks expiration out of boredom at sideways motion. But make no mistake about it - bulls are firmly in control at this level and will likely remain so for at least 3-4 more...
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    SPX Credit Spread Trader

    IRS Cost Basis Question. I was just looking at some JAN 2007 spreads that I put on around 12 Dec 2006 for good premium. I was SHOCKED when I looked at my trading balances to see that my current net spread credit was changed from the original .88 to its current ledger of .20. It was like...
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    What is up with ethanol

    With all the surplus ethanol being forced into the energy mix I have to laugh. What ethanol really means is that each car in America will have over 10% LESS energy in their tanks (ethanol is less BTU/gallon than gasoline) and a reduced driving range. That means Americans will be stopping in and...
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    The Dirty Truth About Sirius - Current Users Deactivating at 2x The Rate of New Users

    I am so looking forward to the day when Stern is forced to look long and hard into whatever remains of his soul to resolve if being wealthy has earned him respect among the talented entertainers and discerning people of America. I suspect that the worship and affinity he gets from his minions...
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    Condos Beimng Rented Out For Less Than Cost In Many Former 'Hot' Markets

    Renting below carrying costs is a fact of life in many or most parts of the country and has been for some time. Its an excellent way to wait out the slowdown in sales volume. Due to lack of economy of scale it has been all but impossible to rent for profit any single family residence (except for...
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    SPX Credit Spread Trader

    I thought he made it clear enough early on - he get's excited about deviant behavior. :D TS p.s. See there Mav, somethings are not as obvious to everyone as you may think. "Master Obvious" indeed. *chuckle* p.s.s. Depending on what you really intend to do with it modeling what is...
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    SPX Credit Spread Trader

    I looked at the chart. The only comment I have is that the bands all contract to what appears to be zero at option expiration or last trading day (can't tell from the scale which). I suppose that's a true mathematical effect since trade freeze on 3rd Friday (SPX) means no pragmatic volatility...
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    SPX Credit Spread Trader

    Ack! After checking out the wiseoptions link I noticed the advisor is Erik Epp, Ph.D. Run like hell from this guy since I have heard horror stories about his system. He also offers the same system under another alias subscription called "Three Minute Trader"...
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    SPX Credit Spread Trader

    Thanks Zegras. I always appreciate the perspectives of services trying to operate for profit and enjoy reading their technical analysis and rationale in their systems. I usually get new depth of understanding or discover a few new subtleties as I read their marketing info and data. Another...
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    SPX Credit Spread Trader

    Hey, this is a family friendly sort of place. Please, no porno, fantasies or other salacious activities/suggestions here... :D TS
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    Housing Rolling Along 2

    Funny, I had always been operating on the assumption that California was 50% of the Mexican economy. :D Really, though, go back to the basic concept of "location, location, location". I could care less about California since that might as well be another country to me. CA and the price in...
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    Housing Rolling Along 2

    BG this is nothing new. This is ancient news and widely known inside the real estate industry. We all know that the speculators and investors were the ones who held excess inventory to permit developers to race ahead to their next projects early before true retail buyers entered. That means...
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    Housing Rolling Along 2

    I just made an educated guess without confirming with NAR. By definition a "Buyers Market" is a minimum of 7 months of inventory. That sets the lower level in my spread. In many places its MUCH worse than that and I based my upper limit 9 months on some of the extremes I have heard. Again, for...
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