It's official the economy has turned......

Max E. · Feb 17, 2012

You forgot to tell me im from canada and post one of your little faggety ass pictures....

Quote from Trader666:

Hindsight for you, not me. You're the one fixated with looking in the rear view mirror.

Ricter · Feb 17, 2012

Quote from Tsing Tao:

I read far, far more than you could possibly comprehend, so please don't go there.

Lol, "my reading dick is longer than your reading dick."

You could always try to refute the data instead of insulting the source,

You mean, like "Captain Google"?

Sales are up. At the retail level. Have been for months. Period.

Trader666 · Feb 17, 2012

If you act like a faggety ass again, I will.

Quote from Max E. Pad:

You forgot to tell me im from canada and post one of your little faggety ass pictures....

RCG Trader · Feb 17, 2012

Quote from Max E. Pad:

How bout you start here.... in October of 2008 at the height of insanity, when the world was falling apart, there was 767,000 housing starts.

If you start from the beginning of 2008, and go alllll the way back to 1950 (which is as far back as i can find data), there was never a number as low as 699,000 housing starts.

Stating that 699k housing starts is signalling a turn around in housing is assinine, and stating that money is "flowing" into construction based on that number is even dumber.......

Its going to be 10 years before we clear out all the excess inventory, and big money begins to flow back into housing, and housing starts get back to normal levels.

I bet you got this cheerleading shit off of MSNBC didnt you?

Actually no, they are too busy burying the GOP over their war on women

I kind of look at in an ADX kind of way, pdi and dmi have not crossed yet, but the overall direction of the economy is no longer trending downward. By November, the masses will feel less downward pressure, and that bodes well.

pspr · Feb 17, 2012

Oh oh. Another recovery summer! Remember what happened to Biden's recovery summer last year. It flopped.

The problem is inflation, oil prices and interest rates. Obama and Bernanke have set up any recovery to will be squashed by one or more of those three.

And, let's not forget about a possible shock from Europe and the probable war with Iran. It will probably involve some attacks on U.S. soil in addition to sky high oil and gasoline prices.

Tsing Tao · Feb 17, 2012

Quote from Ricter:

Lol, "my reading dick is longer than your reading dick."

Hey, you're the one who suggested all I read is Zerohedge. Don't get upset when I smack you down on making asinine statements.

Quote from Ricter:

You mean, like "Captain Google"?

Sales are up. At the retail level. Have been for months. Period.

And as usual, you mistake a positive statistic to a positive outlook.

Barack%2BObama-Sucka%2BDrank%2Bthe%2BKool-Aid%2BDidn%2527t%2BYa.jpg

Spike Trader · Feb 17, 2012

Quote from nutmeg:

Did you try that new light weight s/r? That's stuff is great.Me and my 15 year old daughter had to s/r/ several ceiling and it saved wear and tear on her head. She's holding this stuff up on one end using her head standing on a chair.

She should demand to be made an equal partner , Nutmeg.

Crispy · Feb 17, 2012

Quote from RCG Trader:

Just got this in.....

Housing starts: 699K

Expected:670k

Previous: 689k

What this means to those of you who don't follow macro econ stuff is that money is flowing into construction.

Housing stocks are the canary in the macro econ coalmine. The majors are up sharply.

Come Novmember there will be a visible improvement to the masses by then.

Game Over

Money where your mouth is? Screenshot? This is a traders website after all.

RCG Trader · Feb 17, 2012

Quote from Crispy:

Money where your mouth is? Screenshot? This is a traders website after all.

Came in on fx alerts I have set on my phone. I get a text anytime there is news, so I am sure it is somewhere in the public domain.

Tsing Tao · Feb 17, 2012

Quote from RCG Trader:

Came in on fx alerts I have set on my phone. I get a text anytime there is news, so I am sure it is somewhere in the public domain.

I think he meant for you to show us how you are going with your belief that the housing market has turned by providing what trades you made accordingly. You know, backing up your talk with money/action.