non RE – trading: Hey, Pigg Traders!

[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[HereWeGo]

I think the Fed cuts 50 bps next week, sending the banks soaring. If you really want to enter short positions, wait until the wake of that move settles out.

[HereWeGo]

I think the Fed cuts 50 bps next week, sending the banks soaring. If you really want to enter short positions, wait until the wake of that move settles out.

[HereWeGo]

I think the Fed cuts 50 bps next week, sending the banks soaring. If you really want to enter short positions, wait until the wake of that move settles out.

[HereWeGo]

I think the Fed cuts 50 bps next week, sending the banks soaring. If you really want to enter short positions, wait until the wake of that move settles out.

[HereWeGo]

I think the Fed cuts 50 bps next week, sending the banks soaring. If you really want to enter short positions, wait until the wake of that move settles out.

[temeculaguy]

I agree with herewego, hold off on the financials and builder shorts, every one of them jumped 10% on the subprime bailout news yet the program is voluntary and has no real benefit for either group. They were flat today but are jumping in after hours, expect good days for them early next week and by the following week, reality will set in. The market is so desperate for good news they will jump at anything that isn’t bad news. The fed can’t lower below zero, so there are only so many bullets in the gun and they are wasting them right now. Personally I don’t see how the financials benefiting from freezing rates on their best customers who were paying them and having their worst go to foreclosure. That piper will get paid eventually.

As far as gold, it’s as good as….gold, the ultimate inflation hedge and we are going to have inflation, so go with it.

My disclaimer, since any position I take turns to crap i pledge that I will not buy gold or short the builders on Wednesday of next week, that way you can all have a fighting chance.

[temeculaguy]

I agree with herewego, hold off on the financials and builder shorts, every one of them jumped 10% on the subprime bailout news yet the program is voluntary and has no real benefit for either group. They were flat today but are jumping in after hours, expect good days for them early next week and by the following week, reality will set in. The market is so desperate for good news they will jump at anything that isn’t bad news. The fed can’t lower below zero, so there are only so many bullets in the gun and they are wasting them right now. Personally I don’t see how the financials benefiting from freezing rates on their best customers who were paying them and having their worst go to foreclosure. That piper will get paid eventually.

As far as gold, it’s as good as….gold, the ultimate inflation hedge and we are going to have inflation, so go with it.

My disclaimer, since any position I take turns to crap i pledge that I will not buy gold or short the builders on Wednesday of next week, that way you can all have a fighting chance.

[temeculaguy]

I agree with herewego, hold off on the financials and builder shorts, every one of them jumped 10% on the subprime bailout news yet the program is voluntary and has no real benefit for either group. They were flat today but are jumping in after hours, expect good days for them early next week and by the following week, reality will set in. The market is so desperate for good news they will jump at anything that isn’t bad news. The fed can’t lower below zero, so there are only so many bullets in the gun and they are wasting them right now. Personally I don’t see how the financials benefiting from freezing rates on their best customers who were paying them and having their worst go to foreclosure. That piper will get paid eventually.

As far as gold, it’s as good as….gold, the ultimate inflation hedge and we are going to have inflation, so go with it.

My disclaimer, since any position I take turns to crap i pledge that I will not buy gold or short the builders on Wednesday of next week, that way you can all have a fighting chance.

[temeculaguy]

I agree with herewego, hold off on the financials and builder shorts, every one of them jumped 10% on the subprime bailout news yet the program is voluntary and has no real benefit for either group. They were flat today but are jumping in after hours, expect good days for them early next week and by the following week, reality will set in. The market is so desperate for good news they will jump at anything that isn’t bad news. The fed can’t lower below zero, so there are only so many bullets in the gun and they are wasting them right now. Personally I don’t see how the financials benefiting from freezing rates on their best customers who were paying them and having their worst go to foreclosure. That piper will get paid eventually.

As far as gold, it’s as good as….gold, the ultimate inflation hedge and we are going to have inflation, so go with it.

My disclaimer, since any position I take turns to crap i pledge that I will not buy gold or short the builders on Wednesday of next week, that way you can all have a fighting chance.

[temeculaguy]

I agree with herewego, hold off on the financials and builder shorts, every one of them jumped 10% on the subprime bailout news yet the program is voluntary and has no real benefit for either group. They were flat today but are jumping in after hours, expect good days for them early next week and by the following week, reality will set in. The market is so desperate for good news they will jump at anything that isn’t bad news. The fed can’t lower below zero, so there are only so many bullets in the gun and they are wasting them right now. Personally I don’t see how the financials benefiting from freezing rates on their best customers who were paying them and having their worst go to foreclosure. That piper will get paid eventually.

As far as gold, it’s as good as….gold, the ultimate inflation hedge and we are going to have inflation, so go with it.

My disclaimer, since any position I take turns to crap i pledge that I will not buy gold or short the builders on Wednesday of next week, that way you can all have a fighting chance.

[NotCranky]

4-plex,
You are welcome for the Economics link. It was a couple years old BTW.

Thanks to you, for getting me started looking at this topic with the book recommendation way back when.
Rus

[NotCranky]

4-plex,
You are welcome for the Economics link. It was a couple years old BTW.

Thanks to you, for getting me started looking at this topic with the book recommendation way back when.
Rus

[NotCranky]

4-plex,
You are welcome for the Economics link. It was a couple years old BTW.

Thanks to you, for getting me started looking at this topic with the book recommendation way back when.
Rus

[NotCranky]

4-plex,
You are welcome for the Economics link. It was a couple years old BTW.

Thanks to you, for getting me started looking at this topic with the book recommendation way back when.
Rus

[Author]

Posts