Hiding Bear Posted April 13, 2004 Report Share Posted April 13, 2004 Welcome to B4 The Bell! Diary of a mad real estate boom: Home Prices in L.A. Soar at Record Rate The median leaps 29% to $375,000 in March as buyers scurry to act before interest rates rise. Home Prices in L.A. Soar at Record Rate By Roger Vincent and Don Lee, Times Staff Writers Home values in Los Angeles County posted the biggest year-over-year increase in at least 15 years in March as frenetic buying activity pushed the median sale price up 29%, to a record $375,000, according to data released Monday. Confounding predictions by the experts, sales were surprisingly strong, jumping 12% from a year ago to 10,875 new and resold houses and condos. anal cysts and brokers said the heavy demand was driven by anxious consumers, many of whom are paying more than the asking price to get in the housing market before interest rates rise and supplies thin further. "It's going to be a total frenzy" Home Prices in L.A. Soar at Record Rate Only two days left in another mad season - IRA contributions. Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 Illusional values since Congress deregulated financial institutions starting in 1980. The only tool the FED has left is interest rate variance....lo or high. Congress made the political decision to deregulate effectively gutting the FED's tools for monetary policy. :cry: :shocked Link to comment Share on other sites More sharing options...
anoscope Posted April 13, 2004 Report Share Posted April 13, 2004 gold buying dangling-serpent opportunity Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Head and Shoulders Caution For Goldbugs Your Golden Stool, including short and long term updated charts and price targets, is loaded. Even if you are not a goldbug, you should check out the Golden Stool. It's in your Anals daily. Take a subscribatory and download the Golden Stool RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Fine tune your timing! Stooltrading is the place! Join your fellow stoolies sharing charts, trading signals and ideas! Doc gives his commentary as well, with illustrations of intraday cycles throughout the day with projections for highs, lows, and cycle time turns for the SPX and QQQ. He also gives cmap targets for individual stocks by request. Become a Stooltrader and join the fun!? Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Where in the world does this idea come from that war is good for the market. I cut my teeth in a market where we were at war, perpetually, it seemed. It was a horseshit market. War has nothing to do with stock prices. It's another myth. Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Bond yields gap up, breaking the trendline on the open. Let's see if it holds. Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 ANOTHER DAY ANOTHER RAMP...still in 'double long' from DOWPig 10500. I'm sorry but I think this mania is going to rip, u'all should c the morons on Crapvision..almost orgasmic ! Shill [Crapvision] on the 'trading floor' says we are going to rip if we go over 1163 [ hint hint ] Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 Where in the world does this idea come from that war is good for the market. I cut my teeth in a market where we were at war, perpetually, it seemed. It was a horseshit market. War has nothing to do with stock prices. It's another myth. Maybe Aristotelian logic? Certainly, not Bolean Algebra! Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Wow, 4.33 and we have liftoff, liftoff of Space Shuttle Bong Yields Link to comment Share on other sites More sharing options...
Guest yobob1 Posted April 13, 2004 Report Share Posted April 13, 2004 It would appear as the matrix is in full control of everything for the time being. Everything is going their way. As to the bond yield, there is little danger of that running away for now. As long as they stay in the 4-5 range they can manage it. If the 10s break out above 5 then they have a problem - but not yet. All stocks are all buys all the time - until they aren't. The metals are going to be taken down. Those who have waited for an entry point in the real stuff your opportunity is coming, but not here yet. PM stocks will remain vulnerable to the "baby with the bath water" syndrome when this POS finally breaks. Between the influx of last minute IRA money, pre-scam week, followed by scam week, followed by e-o-m mark up tape painting and the inevitable fantasy earning statements they can make it float until we get through all this crap. The upside may be the setup of the mother of all bull traps when the lagging data begins emerging. Be careful if you go swimming - the water is full of sharks. Link to comment Share on other sites More sharing options...
Guest Posted April 13, 2004 Report Share Posted April 13, 2004 The reason for the seeming complicity of your relatives and mine with respect to siding with Bush in the invasion of Iraq is quite simply our need for the oil. We all know that the country runs on it and we want as much of it as we can get our hands on as cheaply as possible. There is a collective denial of the truth of this war, but it is known even by those who would deny it. The truth is that our country actually does need the oil, as we have built an entire society around a non-renewable resource. We've known this day would eventually come, when demand outstrips supply, and now we can see it more clearly. It is merely convenient to ignore the realities of how we go about getting our hands on the oil we need to keep this party going. Nobody wants to spend more for it, and nobody wants to use less of it. We've been on a leaderless path for decades in this regard...with politicians telling their constuencies not what they needed to hear for their long-term well being, but what they wanted to hear - in order to facilitate their next term in office. "Eat more, drink more, take more drugs, buy a bigger house and burn more oil." These are the messages that have been drilled into the heads of American's for the past ten years. Detroit is notorious for bringing to market precisely the wrong products at precisely the worst time. Is it any wonder then that the most oversized, gas-guzzling vehicles all hit the market last year...the same year that they tabled the development of hybrid vehicles and we invaded Iraq? The wisest leaders among us cannot be elected. The American people would never elect someone who told them the truth about the condition of this country, nor would business leaders tolerate it. As I was told recently by someone deep inside the Matrix - in a position to know: "We just want you to go on about your life and be happy...go to your jobs, raise your children...and don't worry about the big stuff..we'll take care of that." This is the same person who said: "Nothing is as it appears." The arrrogance of it all. Don Imus said on his show this morning that he thought Donald Rumsfeld was a "war criminal." Things are going to get ugly...very ugly. Link to comment Share on other sites More sharing options...
Hiding Bear Posted April 13, 2004 Author Report Share Posted April 13, 2004 Think we'll be pushing to the top of the trading range of the last six months, about 4.50%, in the next few days or so. The Fed has been tightening since the end of February, and the BOJ is now reversing its seasonal March 31 mad build-up in its monetary measures. The MOF has also, somehwat surprising to me, has reversed course and is extinguishing some of the fiat yen money placed in circulation in the first quarter. Or in other words, the wild money excesses in the first quarter lead the by the tag team of the BOJ/MOF is temporarily ending. Since Japan and China were the primary buyer of US Treasuries in the first quarter, their withdrawal and possible sale of positions should be keenly felt by the bond market - and indirectly by other markets. Link to comment Share on other sites More sharing options...
HiHat Posted April 13, 2004 Report Share Posted April 13, 2004 Doc..........I just saw your e-mail..concern HateMonger. I get linked to them from other site. They are Not on my favorites list... so I don't know what all is on their site. If you think Taboo..that's good enough for me. My Bush post was too strident. Will in the future keep your Business Plan and hard work in mind before posting any non-market related material Regards Link to comment Share on other sites More sharing options...
DrStool Posted April 13, 2004 Report Share Posted April 13, 2004 Bong Yields Break Out Uncle Buck Screams Higher, Higher! Uncle Buck and the Long Bong Hit, including short and long term updated charts and price targets, is now loaded. Take a subscribatory and get the latest whiff of Uncle Buck and the Long Bong Hit. 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
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