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I get that houses are only selling at a 17% discount over last May, instead -17.9% (see Case-Shiller)... that makes them down a staggering 30% (instead of 30.9%) over May 2007!
I understand that GDP decreased by 1% instead of 1.5%... oh, but the REAL Q1 number was -6.4% NOT 5.5%, meaning the 1H of 2009 was WORSE THAN EXPECTED, but nobody mentions that! AND, Great Job Obama with the "Cash For Clunkers", the Ghetto-Version of the 2 year Interest Only Adjustable Rate Mortgage, which means guys like me are saying to themselves "hmmmm, I have a clunker AND a job making less money... so instead of selling my clunker to the kid next door or driving it until I can AFFORD a new one, I'll take some tax-payer cash and add it to the junk pile (the US Economy, that is) for a NEW Clunker... A Clunker-To-Be, so to speak... creating an auto industry bubble just like the one we have/had in real estate!" ALL GREAT STUFF... AND I LOVE THE US OF A... BUT something's out of order when every single rail stock catapults 25-42% in two weeks, especially on the heels of the already accelerated share recovery from March to Jun since S&P 666! Leaves you guessing... am I in for a 10, 20, or 30% haircut cause I know it's coming! The stock market reflects our current culture... easy come - easy go, get yours before the other guy, Greed Greed Greed, I NEED it NOW, etc. Rating :
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milepost,et al. Anybody hear of taking profit off a 42...
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pdppt | Not rated | 4-Aug-09 12:26 am | ||
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It's simple. You hold a great company and buy on w...
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milepost290 | Rate it | 7-Aug-09 09:44 am | ||
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I checked stock charts comparing CP and CN (b...
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blackoutbuz... | Rate it | 10-Aug-09 09:24 pm | ||
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Yes, CP is a pure RR play now. CN is alr...
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milepost290 | Rate it | 12-Aug-09 12:43 pm | ||
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Oh forgot to ask... I see call options out to...
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blackoutbuz... | Rate it | 10-Aug-09 09:26 pm | ||
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we'll get a 30% haircut from cp if we are still in...
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longshorttr... | Rate it | 31-Aug-09 02:43 pm |
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