Buy Buy Buy Buy Buy Right Now!!

[traderdragon2]

Home prices dropped 11% in one month, and sales surged.

Think of this as a candle chart, and you get a huge RED candle on HIGH volume.

Bad times ahead for realestate.

If they lost 11% in price over a whole year, it would be the biggest loss since 1970, but they managed this in just one month, WOW, holy sh**!

 

[stock_trad3r]

Quote from traderdragon2:

Home prices dropped 11% in one month, and sales surged.

Think of this as a candle chart, and you get a huge RED candle on HIGH volume.

Bad times ahead for realestate.

If they lost 11% in price over a whole year, it would be the biggest loss since 1970, but they managed this in just one month, WOW, holy sh**!

Yea cause they were so overinflated to begin with. This isn't surprising. Pre-fab houses built in 2002-2005 in crappy locations ..no **** they are gonna depreciate. In alot of areas housing prices have actually gone up or remained stable.

 

[Algorithm]

sort of like that red candle that was produced this morning with its release.

huge upper shadow (wick) with red body on high volume at the top of an upward trend.

Interesting indeed.


Good Luck!

 

[SiSePuede!]

Quote from stock_trad3r:

Yea cause they were so overinflated to begin with. This isn't surprising. Pre-fab houses built in 2002-2005 in crappy locations ..no **** they are gonna depreciate. In alot of areas housing prices have actually gone up or remained stable.

Oh tell me more master of say-nothingness...I'll be waiting with bated breath for you to tell me the market might go up or down soon.

 

[saxon22]

Where are the big boys, shouldn't they start buying right about now?

 

[ByLoSellHi]

2:00 plus should be interesting.

So should tomorrow.

 

[scriabinop23]

Quote from traderdragon2:

Home prices dropped 11% in one month, and sales surged.

Think of this as a candle chart, and you get a huge RED candle on HIGH volume.

Bad times ahead for realestate.

If they lost 11% in price over a whole year, it would be the biggest loss since 1970, but they managed this in just one month, WOW, holy sh**!

not to disagree with your last statement, but your first statement sounds a lot like 2/27.

that said, i don't think housing has any price upside from here personally - just an observation and analogy.

 

[Bingoking]

Quote from makloda:

Yea like we heard how they will sell all coming rallies the previous 783 dips

Best to do both and just go with the flow. Just follow price.

 

[scriabinop23]

Quote from Bingoking:

Best to do both and just go with the flow. Just follow price.

How come when I follow the price I buy tops and sell bottoms?

quite a conundrum.

 

[makloda]

Congrats to all pigsters $$$