nicksandiego

nicksandiego

16p

14 comments posted · 0 followers · following 0

14 years ago @ Personal Finance and I... - Next Crash!? Does the ... · 0 replies · +1 points

FATROB thanks for the post.

I do agree with you that each location is different and each has its own market especially near the coastlines. But saying there are great deals out there could be deceiving in that you are basing it being a great deal on prices that were/are a fantasy now... Prices that would never have happened without the free money being thrown around...The extent to which will never happen again... actually never is kind of a strong word.. how about at least until everyone forgets about the dire consequences that have resulted.

Basically my thoughts are that the resets do pose a risk of another hit on housing prices that far outweighs the risk of missing a bottom in home prices at this time. And I would rather use any investment cash i have in the stock market where I can play both long and short side and click a mouse to get in and out.

14 years ago @ Personal Finance and I... - Next Crash!? Does the ... · 0 replies · +1 points

Interesting article that is related to the info in this post:

http://www.doctorhousingbubble.com/foreclosure-re...

14 years ago @ Personal Finance and I... - More Late Day Rally Ac... · 0 replies · +1 points

Thanks for the links Dave... unfortunately I agree with you. Although I do believe things are going to get volatile as we head into some sizable resistance from where we currently are on the SPY through $99.

14 years ago @ Personal Finance and I... - More Late Day Rally Ac... · 0 replies · +1 points

Most of the time this is a bullish signal when there is a rally into the close. Also there is a W pattern forming, which could lead to a breakout of new highs. No matter if it is being manipulated/artificial or not it is real ... so it is tough to ignore

14 years ago @ Personal Finance and I... - Online Broker Pricing ... · 0 replies · +1 points

I know I used to be a big fan of Zecco when I was getting the 40 free trades a month

14 years ago @ Personal Finance and I... - Hello 200 Day Moving A... · 0 replies · +1 points

Alright we got the poke through today... lets see what its got from here.

14 years ago @ Personal Finance and I... - Hello 200 Day Moving A... · 0 replies · +1 points

Yes currently its around $93, but it is down trending .. so as the days go on here the lower it gets and closer to the current price on the SPY of $91.50.

Also there is a W pattern that is formed right below the 200 day, which is a bullish sign usually that the right side of the W pattern will break through. An important level is $92.80. That is the peak of the middle of the W and where SPY has to break through to complete the pattern.

14 years ago @ Personal Finance and I... - Hello 200 Day Moving A... · 0 replies · +1 points

I agree this market could poke its head through to scare the shorts and then retreat.

14 years ago @ Personal Finance and I... - Chrysler Dealerships E... · 0 replies · +1 points

Looks like GM started the process of eliminated dealerships today ... one day after Chrysler. 1100 GM dealerships!
http://finance.yahoo.com/news/GM-eliminating-abou...

15 years ago @ Personal Finance and I... - "Stress" Test · 0 replies · +1 points

I wonder if they considered the fact that 2 of the Big 3 automakers are closings plants and filing bankruptcy? The fallout of all the companies tied to these 2 are huge.