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  1. J

    A sense the housing market has bottomed.

    I am betting on this end game: 1) housing market softens further in 2007, more inventory, more foreclosures (prices drop another 5 to 10% most markets from where we are now) 2) Fed panics, starts cutting rates (screw inflation) 3) dollar crashes below USDX 80 after a brief rescue attempt...
  2. J

    A sense the housing market has bottomed.

    by by own calculations, it seems like houses in most areas in los angeles are overpriced by about 20% still note that in these areas the prices are already down about 15% the strange thing is this, it should be clear to everyone that the fed is about to inflate its way out of all debt...
  3. J

    A sense the housing market has bottomed.

    bwaaahhhaaaaa the first question i ask any realtor is "did the previous owner drink champagne for breakfast, and wipe their ass with $100 bills" if the answer is no, then the zip code is beneath me
  4. J

    A sense the housing market has bottomed.

    yeah but its kind of weird the area I really want to buy in hasn't moved down even one little bit seems like best of the best areas havent budged, but the surrounding areas are falling its very common now to see houses that are in the 1 million price range reduced by 100k to 150k in one...
  5. J

    A sense the housing market has bottomed.

    I went looking for a home today in sherman oaks to see what the market is about i was shocked my realtor took me to a property that had come on the market, a bank foreclosure, the realtor had never seen it either it sold in dec 2005 for 1.175 million, then went into foreclosure the...
  6. J

    10:01 ET US median new home price falls 9.7% from year ago to $217k :

    housing prices in west la, santa monica, beverly hills, have not gone down at all...... nada zip in fact i would say they are more expensive than last year, or at least equal I see no sign of this 17% drop in prices here
  7. J

    options on NQ so wide? (ask/bid)

    BTW all I understand leverage I been trading forex for 6 yrs, including fx options, u can get virtually unlimited options in forex
  8. J

    options on NQ so wide? (ask/bid)

    hmmm maybe someone can help me on this one tuesday morning i logged in and decided to sell a NDX put just to check out some ideas anyways i sold a nov 1550 put for 4.00 now, at the end of the week, even tho NDQ has hardly moved, the same put has closed at 1.90...... how did that...
  9. J

    options on NQ so wide? (ask/bid)

    are the marg requirements on NDX also gonna drop in nov??
  10. J

    options on NQ so wide? (ask/bid)

    wow selling a naked option on the NDX uses up a LOTTA margin, like close to 20k???
  11. J

    options on NQ so wide? (ask/bid)

    hey guys thanks for that info.... much appreciated! the NDX options look like the best to me! what are my best choices for selling options based on S&P and RUSSELL in your guys opinions? right now I got ES options and ER2 options loaded onto my platform, are those guys the best bang for...
  12. J

    options on NQ so wide? (ask/bid)

    thx will look at QQQQ
  13. J

    options on NQ so wide? (ask/bid)

    is there any reason for this? and volume on a lot of stuff just seems to be zero each day? what gives?
  14. J

    Help newb: cap rate for multi-unit property in LA?

    JG, correct me if I am wrong, but you need all sorts of paperwork and admin headaches and missions to convert rental units into for sale condos in california? basically this building looks like the black hole of money lol
  15. J

    Help newb: cap rate for multi-unit property in LA?

    i was actually shocked at how the condo market in west la is actually weakening for the first time.... there is suddenly tons for sale in my area for under 500k, last year this time there was nadda however saying that it seems like the money is to be made in selling them? I would say what...
  16. J

    Help newb: cap rate for multi-unit property in LA?

    thanks for the replies all hehe man this property looks bad, here are some numbers for you all still in this thread 5 unit residential asking price $1.9 mil income rent from 5 units per month, $8600 expenses property tax would be $23750 per year maintenance costs are running...
  17. J

    Help newb: cap rate for multi-unit property in LA?

    ok, so I should be aiming for like cap rate of 7?
  18. J

    Help newb: cap rate for multi-unit property in LA?

    hey all, I know there are a lot of smart people in this forum... I have a real estate question, if anyone can help me, because I know not much about real estate. All I understand is that capitalization rate seems to be a key thing: IGNORE the housing bubble theory for now, the question is...
  19. J

    getting my IRA to trade options and forex??

    sim, thats typical of IB Great platform and not good support I phoned them yesterday and they said no to FX - now people are saying yes?
  20. J

    getting my IRA to trade options and forex??

    sigh, I want to set up an IRA somehow to trade at either oanda.com or interactive brokers problems are 2 fold, oanda doesnt have IRA accounts IB does have IRA accounts but they are sticky about these accounts trading anything that uses margin (like FX or selling options) is there any...
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