Being a Homebuilder for over 30 years, your lack of understanding is showing through here. Regarding the price per square foot. Consider what areas of a house are the most expensive cost per sq/ft? Kitchen and bathrooms right? A smaller house <1000sq/ft will always cost more per sq/ft with like materials. So a 2500 sq/ft house will look like a bargain because it has more of the less costly areas per sq/ft (bedrooms, foyers, hallways,family rooms, ect.) Find out how much a 983 sq/ft house costs today and compare it and you shall see that your thesis falls apart. Your logic is like saying " I can go to Hawaii with the $5000 I saved buying this new car".
"A man who doesn't watch the news is uniformed, A man who watches it is misinformed"
I think you should of titled your article " Sucker Selloff" at the end of December. What makes no sense with your article is it proposes some "hypothethical" timeframe for investors. Is this a good time to go Long with a 10 or 20 year time frame? What about a 2 month time frame? Hell yes! Why don't you take your own advise and go short here, if so your portfolio will be reminded of Aryabhata's greatest discovery: the concept of zero.
Obscure Indicator Points to Possible Market Bounce [View article]
For nine months Youse guys have been talking about a upturn starting with the Santa Clause rally, Easter Bunny rally, Tooth Fairy rally, and now you with the Felix the dead cat rally. Someday one of youse guys will be lucky and be proclaimed the all knowing, all powerful OZ.
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Latest | Highest ratedBank of America's Recent Stock Action [View article]
Kinda sounds like the same tone of the CEO of both Lehman and Bear Stearns in the final days.
" Life is like a jar of Jalapeno peppers .
What you do today, might Burn Your Ass Tomorrow"
I hope you didn't drink the Kool aid too.
Robert Shiller: This Is No Average Recession [View article]
Kid you not we're poised for a run up until mid March.
CIBC Chief Economist: TSX Will Hit 11,000 by Year's End [View article]
BTW it's spelled b-u-s-i-n-e-s-s
War, the needy bankrupt's last resort
Options Update: LEN, PALM, MS, DRYS, ROH [View article]
DRYS IS only up over 500% in the last 30 trading days, perhaps your description needs to be reexamined.
“When words lose their meaning,” said Confucius, “the people will lose their liberties.”
Are U.S. Home Prices Reasonable? [View article]
Be thankful we're not getting all the government we're paying for. (Deserve)
But we soon will. We'll get exactly what we deserve.
Are U.S. Home Prices Reasonable? [View article]
Consider what areas of a house are the most expensive cost per sq/ft?
Kitchen and bathrooms right? A smaller house <1000sq/ft will always cost more per sq/ft with like materials. So a 2500 sq/ft house will look like a bargain because it has more of the less costly areas per sq/ft (bedrooms, foyers, hallways,family rooms, ect.)
Find out how much a 983 sq/ft house costs today and compare it and you shall see that your thesis falls apart.
Your logic is like saying " I can go to Hawaii with the $5000 I saved buying this new car".
"A man who doesn't watch the news is uniformed, A man who watches it is misinformed"
Friday's Jump: Sucker's Rally [View article]
Is this a good time to go Long with a 10 or 20 year time frame? What about a 2 month time frame? Hell yes!
Why don't you take your own advise and go short here, if so your portfolio will be reminded of Aryabhata's greatest discovery: the concept of zero.
LONG Vern Silver
Iceland: What It's Like to Live in a World Without Money [View article]
Stock Market Cycles, Part 4: Primary Cycles [View article]
Why did you delete my last comment looks censorship is already beginning and the election is not over yet!
Stock Market Cycles, Part 4: Primary Cycles [View article]
I thought everything is coming to an end on 12/21/12?
Obscure Indicator Points to Possible Market Bounce [View article]
Even Bozo the Clown would'nt go long here.
This Isn't a Bottom, It's a Disturbance in The Force [View article]
I have that date for you it's 12/21/12 per the Aztec calendar