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enigmaman

enigmaman
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  • Are We Crying Wolf Again? The Bear Is At Peter's Door This Time, So Raise Cash And Prepare To Protect [View article]
    Check out this chart overlay of the 29 crash and the expected 2014 crash to find strong comparisons if you can http://bit.ly/1lRMt54
    Jul 8 04:00 PM | Likes Like |Link to Comment
  • Here's How Housing Bubble 2.0 Becomes Housing Crash 2.0 [View article]
    Retired- living the housing bubble all over again in your mind
    Mar 28 06:47 PM | 1 Like Like |Link to Comment
  • Here's How Housing Bubble 2.0 Becomes Housing Crash 2.0 [View article]
    dw-can you provide the links to substantiate institutions buying up entire tracts of new homes. Ive not heard of this being done as practice, maybe an isolated incident but not common.

    The reason institutions have curtailed buying is because they can no longer buy properties at the discounts they need to insure the ROI they require, they have said as much, which has less to do with their experiencing low demand, and more to do with knowing when to pause so they do not experience low demand.

    In fact institutions that are buying have become very selective in what they are now buying, for instance many are now will only buy homes built after 1985, CBS construction and only single family detached homes priced 150K+. Instead of buying anything and everything now they are looking for what is most in demand which is smart because they want to own what the bulk of buyers want, they will hold, rent and flip these when they feel the market is weighted more on there side. They want to control the market and they will by buying what they feel the market will one day want.
    Mar 21 07:42 PM | 1 Like Like |Link to Comment
  • Here's How Housing Bubble 2.0 Becomes Housing Crash 2.0 [View article]
    Real estate market has been and continues to be on the mend, yes investors have helped the market rebound but at the same time those same cash investors have impeded, crowded out many 1st time home buyers ability to purchase a home. So as one segment of the market pulls back (investor) another will move in to try and fill the resulting void (1st time and others). For a time prices will pull back and so more non investors will then have an opportunity to purchase that they didn't have before. Those with sub prime credit are down but not out, there are financing options for them, even those that have had short sales, REO etc. its not easy for them but it shouldn't be. Mortgage financing has tightened which is a good thing so we wont re visit at least anytime soon the crazy days of fogging the mirror and your approved. For the author to call attention to another "bubble" was extreme, a pull back OK, but bubble no way. BTW- many of those same institutional investors that are curtailing their purchases have also said they will wait for a pull back before resuming the purchase of homes. So in affect any slow down in housing will be temporary.
    Mar 21 04:53 PM | Likes Like |Link to Comment
  • Why Groupon Tanked And Might Continue To Do So [View article]
    you said "The name of the game in this market is revenue growth. If you can show 30%-40% revenue growth year-over-year, then for some reason (that I do not understand), the market rewards your stock handsomely (in fact, you make out like a bandit)."

    Stocks are bid up on its revenue growth because of expectations of profits to follow.

    Since GRPN missed earning expectations and projections for revenue fell short Investors decided it was time to take profits.

    Its all does seem to make sense.
    Feb 23 08:58 AM | Likes Like |Link to Comment
  • Yes, The Nasdaq Bubble Is Definitely Here [View article]
    Interesting, like moths to a flame.
    Feb 21 12:38 PM | Likes Like |Link to Comment
  • Key Lessons For The Coming Bear Market [View article]
    Thanks for the link to GMO, very good article, bottom line you need a "Plan" and need to stick to it, "gut plan is better then no plan". You seem to be mirroring GMO to some degree, mostly in cash then " buy low and lower" so that you do not have to find the bottom and the markets eventual turn. OK its a plan, GMO says to this plan " do not take one big step or many little steps, GMO recommends a few large steps" No specifics but is seems to say find a few good picks and go big, not to much diversification to maximize gains. If correct its a good plan if it works.

    Years ago I sat in a stock fundamentals seminar, there were several money managers there, I spoke to a few about how they invest and found none managed there own money, they couldn't stomach it, couldn't make the decisions, it always easier to invest other peoples money then your own. Personally Ive had worked with several large investment company brokers who I became friends with and who were out of the markets when they were investing others peoples money. So Im always skeptical when I read articles about what "I should be doing" because its doubtful the author is following its own advice.
    Feb 12 08:52 AM | Likes Like |Link to Comment
  • Key Lessons For The Coming Bear Market [View article]
    Juds You Said "We cannot predict the market but CAN react. And right now we can react to its pricing….by taking defensive measures. For me that’s 75% cash and then gradual allocations as the market drops and crosses “triplines”-knowing full well that when the market has been at these valuation levels declines of 40-50% are NOT out of the question."
    So your reacting to pricing, a metric quantified by whom? Then your going to take defensive measures to this egregious pricing by catching a falling knife? buying lower and lower until the bottom? With such a posture why not just sell now, sit on the cash, wait for the carnage to stop and $ cost average on the way back up. IMO it would feel better if your thinking about the market is correct and horrible if your wrong, but that's the game isn't it because not one investor knows what tomorrow brings, its all a roll of the dice
    Feb 10 06:59 PM | Likes Like |Link to Comment
  • Has Zynga Lost Its Edge? [View article]
    yet its continues to rise
    Feb 4 10:03 AM | 8 Likes Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    “It’s a trap. It will make your savings highly visible to the government, very vulnerable to future special taxes and it drives investments in the direction of financing the government with your savings, rather than the productive private sector,” the Economic Policy Journal said after the president unveiled the plan. “That’s what myRA is all about.”
    Jan 31 01:59 PM | 4 Likes Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    Good article but could have been summed up in a few lines " MYra is government eventual take over of trillions of dollars invested in individual IRA/Roth/401K, first starting out for lower income and then working up the food chain by taking away tax benefits of alternative saving retirement accounts.The result would be another revenue source the government could tap into and spend now in exchange for IOUs just like Social Security. It kills the federal government to know this money is in the hands of so many stupid people, they know better, wait for it, its coming.
    Jan 31 10:22 AM | 6 Likes Like |Link to Comment
  • Market Decline: Get A Grip! [View article]
    Contrarian- If you want somebody else to move on
    then you have to move on, let it go. As the Gambler said " You have to know when to hold them and when to fold them"

    SA is a great site with a plethora of intellectual posters, enjoy the ride which isn't always predictable, sometimes its a merry go round and sometimes a roller coaster,
    Jan 28 06:43 PM | 2 Likes Like |Link to Comment
  • Market Decline: Get A Grip! [View article]
    Contrarian, Tack is a thoughtful enlightened very knowledgeable long time poster who has helped many SA members, what you call stalking he calls " business as usual" when you post on SA your commentary is fair game to rebut or affirm, BTW we all watch those posts we have responded to or have responded to us, You made a bad call for 2013,own it!
    Jan 28 04:29 PM | 4 Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    T- Agreed, $INDU took out its 50DMAts, then SPX took out its 50 DMA, today the selling has moved to $NDX to take out its 50DMA, almost looks like a plan, go for the low hanging fruit. Once all three indexs 50 DMA have been taken out then we see the next step/direction
    Jan 27 11:57 AM | Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    Just, not hysterical just stating the facts as they are and will be. That a bank may or can refuse to give you your own money for your protection and has in England as policy even if for a short time tells you what is coming to a bank near you. Look back at how banks have changed, slowly, a little at a time so not to obvious. BOA had maybe still does a policy that they charge you if you came into the bank to talk to a clerk, who would have ever guessed this would be, so much for personal service and for restrictions places on getting your own money without being charged. They are testing the waters just like the frog that sits in water that is slowly heated to a boil and doesn't notice until its to late, banks have an will continue to apply the same tactic to its patrons.
    Jan 27 08:15 AM | 2 Likes Like |Link to Comment
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