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cut by 50 - i hate to say I told you so...... ;)

Simply? No. Partly? Of course. Even the talking heads know the Yuan is pegged to the USD.

Inflation is not the problem: the weak dollar is. Blame globalization. The weakness in the USD because of the FX manipulation is causing the high commodity prices. Gold hasn't increased much in real value, just it's valuation in USD. This has caused people with way too much emotion...

Why compare it to a point-in-time? I could quote you many other things that show how this time is different than the great depression. We don't have double-digit unemployment for starters. Markets move up and down - RE is no different. How do I explain it? It's because the market allowed...

I agree with most of your post, but the problem is there is a LOT of foreign money coming in and buying US real estate, so like it or not, we do have arb ties internationally. All those strong Euros, GBP and Yuan are causing RE prices to inflate independent of domestic demand, and US currency.

Why do you think the median should be 148k? How did you calculate it, or did you read it from a talking head's blog? IMO, RE is almost done correcting. My property north of detroit has taken %15 hit from the highs, and that low was 3 months ago. Comps are coming back up in the area and I'm...

It was always going to be a 50 - they decided a few weeks ago.

It's an election year. The bias will be up.

There always are - that's why the market appears to be so cyclical to so many. Cocky? I've got it in spades: I'm massively short goog right now through a program I wrote. It's been selling calls and buy puts for the past 3 days. Target is 373 by October sell-off. I dialed-down some...

How is that short position doing?

I agree 1000% that greenspan made some bad moves. He did have 9/11 to deal with, but he cut for too long. We're going to have some jarring in the rates, probably down to 2.5%, until we can stabilize and they are start raising.

It's not the Fed's job to appease the equity market - they have one responsibility: keep the USD strong. Before you flame that comment, the Fed doesn't have a 2-month view on things. The moves Ben's making now are to ensure we're in a good place 5 years from now.

Incorrect sir. We're getting a 50. It was already determined a month ago, the minutes just get released tomorrow.

discuss...

Don't try this at home... ;) I actually let one of my systems go on it nicknamed "Smokey". (superbear single equity v1.2)

That projection is going to be an echo of a dream when they release earnings. They have too many employees playing ping-pong and eating steaks 3 times a day making Javascript crap software. Google is an advertising company, nothing more nothing less. Regards,

selling calls here and buying puts. Today's tape was my confirmation of the new google trend: web -2.0 down we go..... edit: with the profits I'm periodically buying Sun Micro(Java) Regards,

True but I'll give them one thing: they didn't have production users on it.

IMO, the google shine is gone - too many hopes and too many beta products. What kind of company leaves a product in beta for more than 6 months, let alone years!!?!!?!?!@ Regards,

heh.... Shorting to 370.