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thiazole

thiazole
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  • Drop In Mortgage Purchase Applications And Pending Home Sales: Renewed Downturn In Housing [View article]
    "That is, when the next recession arrives"
    While I think the stock market is due for a correction (so you might get lucky), there is no chance of an "immediate" recession in the US. None of the proven indicators are predicting recession.

    http://bit.ly/1TeHbaw

    http://bit.ly/1WGAVrb

    Also, the ECRI, which has never missed a recession (they did have a false positive in 2012) isn't seeing a recession in the immediate future either. Without a natural correction in the stock market, you may get your butt handed to you. You might anyway because you are operating under a false premise (that a recession is imminent). You may end up holding your short positions right through a correction thinking that is a smaller leg of what is still coming and miss it altogether.
    Aug 20, 2015. 08:46 AM | 1 Like Like |Link to Comment
  • Drop In Mortgage Purchase Applications And Pending Home Sales: Renewed Downturn In Housing [View article]
    It took me about 2 weeks in Longmont which is a suburb of Denver.
    Aug 20, 2015. 08:36 AM | 1 Like Like |Link to Comment
  • Drop In Mortgage Purchase Applications And Pending Home Sales: Renewed Downturn In Housing [View article]
    I think this article is the definition of "beating a dead horse". You were wrong, Dave. Pretending that you were right all along isn't fooling anyone. It is much better to just fade into obscurity - maybe get a job as an anonymous writer for ZeroHedge.
    Aug 18, 2015. 10:41 PM | 4 Likes Like |Link to Comment
  • Housing: The Pent-Up Demographic Demand Is There [View article]
    And where are they retiring to? Do they sell real estate there or do they just throw retirees into a hole in the ground?
    Aug 10, 2015. 11:04 PM | 2 Likes Like |Link to Comment
  • Chart Of The Day: U.S. Housing's Stealth Price Boom [View article]
    You've been saying sell since the housing market bottomed.
    Aug 5, 2015. 12:14 AM | 3 Likes Like |Link to Comment
  • Record-High Rents, Record-Low Vacancies Continue [View article]
    It is funny that when I was buying rental properties 3-5 years ago, most people on SA told me I'd lose my butt, partially because I would have long vacancies and severe downward price pressure on rent. Not only have my property values increased by an average of about 40%, I haven't had any problem finding tenants and I haven't had any tenants stay less than 3 years. I'm actually selling my first rental property in the Denver area right now to diversify (because my real estate has done so well, it has become >50% of my net worth).
    Jul 30, 2015. 10:04 AM | 5 Likes Like |Link to Comment
  • Is The Echo Housing Bubble About To Burst? [View article]
    "The U.S. housing market is experiencing a classic echo bubble."

    Interesting that you would then show us a chart of San Francisco as your proof.

    Let me try that too.

    "Unemployment is skyrocketing in the US. Just look at Yuma Arizona where the unemployment rate is 12.5%!!!"

    "Housing market recovery in the US? There is no recovery, let alone a bubble! Just look at Baltimore where home prices have barely come off their bottom and are still far from the bubble high!!!"
    Jul 28, 2015. 02:05 PM | Likes Like |Link to Comment
  • Home Prices Rise At A Slightly Slower Pace [View article]
    Oh, you mean the housing collapse of 2014? Yeah, that was nasty. I hope we don't get another one of those THIS year. 3 months of a minor downward blip is serious business and proof that the housing bears were right all along.
    Jul 3, 2015. 04:54 PM | 1 Like Like |Link to Comment
  • Home Prices Rise At A Slightly Slower Pace [View article]
    It is good to see a quality author publishing an article in the real estate section of SA. Nice unbiased article. I hope you make real estate a more regular part of your repertoire.
    Jul 2, 2015. 01:16 PM | Likes Like |Link to Comment
  • Housing Recovery? Nah, It's Just Spiking Mortgage Rates [View article]
    The economy also didn't just start adding jobs last month http://bit.ly/1HhpEbW

    First time home buyers today could be people who were newly employed 3-5 years ago. Remember, 1st time home buyers were practically nonexistant for much of the last 5 years, yet the economy has added millions of new jobs since then.
    Jun 25, 2015. 12:42 PM | 1 Like Like |Link to Comment
  • Housing Recovery? Nah, It's Just Spiking Mortgage Rates [View article]
    I hate to break it to you, but housing has been in recovery for 3 years. Housing data didn't just start improving last month.
    Jun 24, 2015. 04:55 PM | 1 Like Like |Link to Comment
  • April New Home Sales, Homebuilder Sentiment And Overvalued Homebuilder Stocks [View article]
    I was just going to say, "we might have a month where ALL the housing data is positive. Whatever will Dave write about?" You answered my question.
    Jun 23, 2015. 06:07 PM | 1 Like Like |Link to Comment
  • April New Home Sales, Homebuilder Sentiment And Overvalued Homebuilder Stocks [View article]
    "I am not trading this sector or currently investing in it."

    I think that is the point. The only people who continue to be fans of people like Dave are people who don't actually invest. Try taking his investment advice for a year and see if you still like him...
    Jun 5, 2015. 11:16 PM | 1 Like Like |Link to Comment
  • New Home Sales: The Price Of Lumber Is Forecasting A Big Downturn [View article]
    I suspect that Dave's followers aren't actual "investors". They are just people who like to hear "bad news" to complement their gloomy views on everything. They are the same people who read ZeroHedge or ShadowStats. You could never successfully invest off of any of this garbage, but it all sounds good to a whiny curmudgeon looking for affirmation.
    May 23, 2015. 03:01 PM | 3 Likes Like |Link to Comment
  • New Home Sales: The Price Of Lumber Is Forecasting A Big Downturn [View article]
    It is humorous to read the titles to his articles: Plunge, fall off a cliff, crash, fraud, manipulated, collapse, the decline will accelerate, report is a farce, plunge, plunge, tanking, etc, etc. Then you look at the actual DATA (for example http://bit.ly/1a3STdJ) and it is normal looking data with an upward trend that has typical noise signals both to the upside and downside. Downward noise gets the negative verbs proving Dave is right, the upward trend is ignored and upward noise is fraud and manipulation. Completely hilarious. It is like reading satire.
    May 22, 2015. 08:47 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
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