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    65 million flats in China are vacant

    i know someone was going to link this...yeah it makes a nice story, but so what? It was from a small local developer on the outskirts of shanghai, and it had nothing to do with the quality of the building like the brit article stated, what happened was they miscalculated while digging the...
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    BP will hit $40 this week ending July 17

    now the question is can it hold 40. After the initial cheers from stopping the leak goes away, and the waves of lawsuit/cleanup cost start to sink in again, think the stock will drop back to 30. Was going to buy some leap puts but they have this deal in the works that will give bp billions...
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    65 million flats in China are vacant

    you are right employment has nothing to do with a healthy economy...oh you think unemployment IN THE FUTURE will be the trigger? in that case i think asteroid hitting earth, oh wait...no, giant gas farts from bp's drilling site..IN THE FUTURE!! will trigger it. dont ever change, you are too...
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    65 million flats in China are vacant

    Apologies, forgot i need to speak to the *_trad3r in the same fashion as a mentally incapacitated 5 yearold. The stuff you quoted wasnt directed at you, hence the quote of someone else above it. you left out the actual response to you. On the inter web, usually people indicate their response...
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    65 million flats in China are vacant

    right..unemployment... I dont mind a discussion, but you are just spewing pure bullshit. Do you just dream up this stuff based on your feelings? Obviously there are problem buildings from small local developer just like in the US, but in big cities like shanghai, construction quality for...
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    65 million flats in China are vacant

    1) you cannot seriously trying to compare a leisure tourism bubble area to shanghai - the financial capital and one of the largest most populated city in china and asia, with millions migrating to the area every year. 2) there is no upkeep cost in china real estate, a $1M condo in US cost...
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    65 million flats in China are vacant

    Dont read anything into those bullshit articles, it's been around for years. check the actual market for shanghai real estate prices, i use the building in the link as a barometer for luxury units in shanghai...
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    Fannie Mae ups penalty on "strategic defaulters"

    there is nothing wrong with strategic default, it's simply a contract like any other. The agreement is the bank lend you the money, you make your payment, and the house is the collateral. If you dont pay, bank takes the house. It's up to the bank to do the due diligence on the current/future...
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    A few health tips for traders...

    Only been to pattaya once, it was great fun the first day seeing all those hot chicks dancing around in the bars, however as the week went on i realized how fucked up the city really is, it's sickening. You see all those fat 50+ yearold white guys with basically kids (cant be more than 15 )...
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    Henderson’s Hong Kong property dream falls through

    of course the luxury high end get hit first, just like any real estate down turn. shanghai real estate is negative now, which is directly linked to hong kong's market. shrug no magic here, just normal market....
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    Nflx

    i have been a netflix customer since day 1, and get it. However it doesnt justify their $123 price (that's a 55 PE!!), agree this shit is crazy. Glad i didnt short it, but when this pig falls after all the lemmings are onboard, it will be spectacular.
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    Taking 410K to 4million by Year End 2010

    although that's the right decision, he's not going to meet his goal of 4mil by year end running only the blackbox. Personally i think trying to set any kind of artificial target is pointless. I would just revise the subject and delete the 4million target, then leave the box running and be...
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    Another month, another boost in China's treasury holdings

    poor china, feel sorry for those suckers. They did a major switch to euro from treasury just before europe crashed lol, after getting their asses handed to them, they now moving everything back to usd. The europe problem is also forcing china to slow/halt their currency reevaluation plan +...
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    convertible bonds, for retail?

    Recently got moved around to the fid tech side at my 9-5, been studying convertible bond and it seems to be a very decent product. Since ET doesnt have a fixed income section and the conv bond mimics a derivative somewhat i will post it here. This is my understanding: - The conv bond...
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    EUR: Turning point at hand?

    the only thing is this is the first real crisis of the euro since it was established, so it's still an experiment so to speak. if germany decide to abandon the euro and going back to printing their own mark, then france does the same etc.. does anyone know what will happen to euro if that...
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    EUR: Turning point at hand?

    i think we are due for a short term bounce, overwhelming negative on the euro everyone think it's going to par with the dollar. Of course i said the same thing about lehman when it was around 3.5 day before the weekend :( hopefully europe > lehman bought some june atm calls on fxe....
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    Now I've seen it all... IRBT = iROBOT

    this is not a bad company/product, unfortunately the current valuation is way too high making the risk/reward not worth it. i have the roomba, it works great for apartments without a lot of clutter, unfortunately they break after 1-2 years of use, i am on my 3rd one now, will probably just...
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    Why isn't everybody selling options?

    most paid subscriptions use this trick to lure in the newbies, for example naked short 1x nflx 100P for $8 premium ($2400 requirement), if cover at $6, profit = (8-6)/8 = 25% (wink wink), nevermind the margin that makes the actual to be 200/2400 = 8% here's a live one, look how they calculate...
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    Article: "Day Traders: Dumber Than Ever"

    news flash here, you are in the "day trading idiots" camp too according to fool.com, clearly you have no clue what that website preaches. They dont give a shit about long term trend/tech at all, it's all about "value" investing, balance sheet, and multi-year buy and hold, which contains just...
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    Article: "Day Traders: Dumber Than Ever"

    someone make a plaque out of it.. i think it's time for an intervention, all ETers head over to foo.com and start commenting on all their worthless articles...that always end with "here are the 3 winners from 50 we recommended, now take a 30 day free trial of our xyz service"
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