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Reverse Slinky – Professional Edition

January 11, 2010 By Lee Adler Cycle based stock screening data was narrowly stronger on Monday. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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This from the housing bubble blog site:

 

http://thehousingbubbleblog.com/index.html

 

The Mesquite Local News in Nevada. “In May of 2007 we had no shadow inventory; virtually everything listed was sold, including the few foreclosures, and banks were not holding them back off the market at that time. Many questions surround this so called shadow inventory supply of housing; some even dismiss the idea as a scare tactic and illusion.”

 

“Mesquite, Nevada real estate statistics since May of 2007 show a steady, dramatic, and continual climb in failed listings. These properties were active for sale and did not sell and are not actively for sale today.”

 

“Notice of defaults, those falling at least ninety days behind on their mortgage payments, has spiked to its highest level in the second half of 2009. Many of these will become short sales or foreclosed bank owned properties. Foreclosures and bank owned vacant properties in Mesquite continue to climb and the banks are not listing them.”

 

‘They appear to be holding them waiting for either a dramatic market change or more likely a change in government regulations regarding asset values and bank solvency, particularly ‘realized’ verses ‘unrealized’ losses on the books of the banks.”

 

“They may actually believe they can release these at a pace where they can control prices and manipulate the market. I know they have not acted rationally, but this would be off the scale of stupid.”

 

 

Bankster turds...

 

post-1110-1263250664_thumb.jpg

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Now Fartman who said he'd buy on the dip is wavering..."ehhhhhh 16.25 ...ehhh iit's probably cheap enough...ehhhhh I don't know....ehhh..ahhhhh...we had three guys look at the numbers and couldn't figure out what they were....".....

 

 

Just do what crapvision does dude..pick the best "number out of 10 and run with it"...

 

Fartman is an awful douche....

 

"...err....$16.25....err.....that seems cheap enuff.... err....uh..."

 

In other words he doesn't have a clue....shocker !!.....I know

 

"....but it's up, what?....like 400% off the March low of $5.00..."

 

You dickfaced c**ksu*king bastard...when doing century marker perchent? calcs just take the multiplier, minus 1, then times 100

 

(3 - 1)X100 or 200% (from $5 to 17ish.... obviously he was back of the enveloping 5 to 15, or at least trying to)

 

You friggin jerkoff

 

UGH!

 

post-6859-1263252166.jpg

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Impressive action by PEIX today. Thought it would pullback first, but it just ramped thru res. Nonetheless, like the chart on weekends M2M it had a very nice setup, so action we so is not that surprising.

 

Who says that there will not be something like a second alternative energy bubble? Werent there enough internet shit stocks which got pumped up again from the 2003 bottom?

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How f**ked up is the 'ol US of A?

 

Here's a tell......

 

What is the biggest issue facing America today?

 

[1] Healthcare reform

 

[2] Social Security reform

 

[3] Uncontrolled deficit spending

 

[4] An out of control military complex

 

[5] Medicare reform

 

[6] Collapsing housing

 

[7] Collapsing commercial real estate

 

[8] Sky rocketing unemployment

 

_____________________

 

BZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

 

None of the above

 

If you guessed Jay Leno moving back to 11:35PM you are correct....

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How f**ked up is the 'ol US of A?

 

Here's a tell......

 

What is the biggest issue facing America today?

 

[1] Healthcare reform

 

[2] Social Security reform

 

[3] Uncontrolled deficit spending

 

[4] An out of control military complex

 

[5] Medicare reform

 

[6] Collapsing housing

 

[7] Collapsing commercial real estate

 

[8] Sky rocketing unemployment

 

_____________________

 

BZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

 

None of the above

 

If you guessed Jay Leno moving back to 11:35PM you are correct....

 

 

Not to worry. You have up & coming political leaders on the job....

 

http://news.bbc.co.uk/2/hi/americas/8453223.stm

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