[Coronita]

Is HOA french for chainsaw ? 🙂

 

Hum, I'm not sure about that, but chainsaw does give me ideas.  

[Coronita]

Is HOA french for chainsaw ? 🙂

 

Hum, I'm not sure about that, but chainsaw does give me ideas.  

[Coronita]

Is HOA french for chainsaw ? 🙂

 

Hum, I'm not sure about that, but chainsaw does give me ideas.  

[Coronita]

Is HOA french for chainsaw ? 🙂

 

Hum, I'm not sure about that, but chainsaw does give me ideas.  

[Coronita]

In the long run, ideally I hope my neighbor loses their house and it gets put on the block at $500k. I'll come in buy the damn thing , and drive a bulldozer right over the illegally planted palm trees and magnolia before I rent it out.

I believe Steve Jobs did that with his annoyed neighbor ,except he bulldozed his neighbor's entire house.

 

Petty, I'm not. Vindictive if you cross me, yes probably.

Besides, planting root damaging trees on a property line isn't really something you want to f around with. The only thing worse would be to plan bamboo, which is twice as destructive to foundations and concrete.

 

[Coronita]

In the long run, ideally I hope my neighbor loses their house and it gets put on the block at $500k. I'll come in buy the damn thing , and drive a bulldozer right over the illegally planted palm trees and magnolia before I rent it out.

I believe Steve Jobs did that with his annoyed neighbor ,except he bulldozed his neighbor's entire house.

 

Petty, I'm not. Vindictive if you cross me, yes probably.

Besides, planting root damaging trees on a property line isn't really something you want to f around with. The only thing worse would be to plan bamboo, which is twice as destructive to foundations and concrete.

 

[Coronita]

Myself I'm mostly in cash, gold, and TIPS, with a few speculative bets against the American consumer (SCC, retailer put options). My expectations include continued dollar decline, falling discretionary consumer spending during the winter gradually developing into recession, eventually second round of credit crunch, this time driven by mass defaults in Prime/Alt-A sectors. When the dust settles, time will come to buy a house and move into stocks.

Brilliant. Totally agree, with minor exception that I have far more than "a few speculative bets" on the American Consumer (stopping their credit card / refi spending, causing a recession and and stock market collapse)

Weeks like this one are 7% (up) weeks for my portfolio. Yes, I understand the risks (and benefits!) of LEVERAGE. However, in the spirit of "full disclosure" I admit I'm getting my butt kicked on the Bear positions I took on oil at $82/bbl.

Regarding future Dow moves…
Let that American Consumer go home now and get frightened from reading scare headlines about how the Dow dropped 3.5% this week, ahead of the 1987 Crash anniversary. Let some tasty panic build ahead of Mondays market open. A 500+ point drop in the Dow on Monday would be just what the Doctor ordered. I'm not predicting it, just saying it is within the realm of possibility.

 

I knew you would post today. You're getting to be pretty predictable. 🙂

BTW, I'm curious? Does your 7% increase in your portfolio include 7 percent from the lowest of the loss, or 7% returns? The only reason why I ask, is that I recall you mentioned you went "heavy" into the SDS reverse index fund a few days after the rally inspired 1/2 point interest cut. and I recall trading in the mid to upper 52's. Just wondering that 7% increase would take you around to the 55's which SDS isn't currently trading at. Yes, I have a good memory. 🙂

 

 

 

[Coronita]

Myself I'm mostly in cash, gold, and TIPS, with a few speculative bets against the American consumer (SCC, retailer put options). My expectations include continued dollar decline, falling discretionary consumer spending during the winter gradually developing into recession, eventually second round of credit crunch, this time driven by mass defaults in Prime/Alt-A sectors. When the dust settles, time will come to buy a house and move into stocks.

Brilliant. Totally agree, with minor exception that I have far more than "a few speculative bets" on the American Consumer (stopping their credit card / refi spending, causing a recession and and stock market collapse)

Weeks like this one are 7% (up) weeks for my portfolio. Yes, I understand the risks (and benefits!) of LEVERAGE. However, in the spirit of "full disclosure" I admit I'm getting my butt kicked on the Bear positions I took on oil at $82/bbl.

Regarding future Dow moves…
Let that American Consumer go home now and get frightened from reading scare headlines about how the Dow dropped 3.5% this week, ahead of the 1987 Crash anniversary. Let some tasty panic build ahead of Mondays market open. A 500+ point drop in the Dow on Monday would be just what the Doctor ordered. I'm not predicting it, just saying it is within the realm of possibility.

 

I knew you would post today. You're getting to be pretty predictable. 🙂

BTW, I'm curious? Does your 7% increase in your portfolio include 7 percent from the lowest of the loss, or 7% returns? The only reason why I ask, is that I recall you mentioned you went "heavy" into the SDS reverse index fund a few days after the rally inspired 1/2 point interest cut. and I recall trading in the mid to upper 52's. Just wondering that 7% increase would take you around to the 55's which SDS isn't currently trading at. Yes, I have a good memory. 🙂

 

 

 

[Coronita]

Well, you did pretty good, but look at the drop today!

Stocks Plunge Nearly 375 on Recession Fears

14,100 to 13,500 in 5 days. What will the bulls say to that?

 

No pain, no gain. I smell opportunities. Fortunately a good portion of the drop was not in tech, but industrial crap. We'll see how next week rolls out.

Funny all the bears come out on a down day. Me, I'm a bull that talks everyday. Where's stockstradr? I'm sure he's going to post today….Where've you been the past few weeks. 

[Coronita]

Well, you did pretty good, but look at the drop today!

Stocks Plunge Nearly 375 on Recession Fears

14,100 to 13,500 in 5 days. What will the bulls say to that?

 

No pain, no gain. I smell opportunities. Fortunately a good portion of the drop was not in tech, but industrial crap. We'll see how next week rolls out.

Funny all the bears come out on a down day. Me, I'm a bull that talks everyday. Where's stockstradr? I'm sure he's going to post today….Where've you been the past few weeks. 

[Coronita]

2pleasemywife,

 

Without the home address or stats on the size and I can't really comment on the house itself. If you want to provide some more details, I could give you an opinion(price,sqft,bedrms etc).

 

However, if it's along PV drive east, this home (though in RPV), is closer on the side closer to Miraleste, unless it's at the south end of PV drive east. One thing I would double check is what school district that home has access too. Folks that live near the Miraleste area have always had some issues related to districting school lines, as parts of this side of was incorporated in RPV much later than other areas.

 

It's just my opinion, but if you really want to live on the Hill, than live on the Hill closer to the coast on the west side. I'm not saying go live in PVE or RHE because those areas are incredibly expensive., although those would be my personal preference along with the homes along Trump's golf course…But if you live in RPV closer to the west coast lines, the ammenities are more readily available. Easier access to the malls, PVPHS, etc. You're already going to pay a premium to live in this area. You might as well live in an area that is more convenient and more popular in PV.

Linky to google map of PV (90275)

http://maps.google.com/maps?f=q&hl=en&geocode=&time=&date=&ttype=&q=90275&ie=UTF8&z=12&om=1

My personal preference would be along PV Drive West. Though the homes are a lot older, it's traditionally true PV.

 

I don't think homes in PV have drastically fallen yet. Things have slowed down, but generally most of the areas have yet to have a price correction, as I believe there aren't many homes in the RPV,RHE,PVE zip code below $1million. Torrance, though has started to correct quite a bit. If I were a new buyer, I would say you might want to wait to see if you get can a better location in PV at what your currently willing to pay. Prices in PV have corrected in the last real estate correction, only it started slower than other areas. I was a kid when I saw $800k homes drop to $500k in the 80ies. Not saying if this is definitely going to happen (though if I were to bet, I would think so). But I just think buying into PV right now may still be too early. If you're really daring, sell your place first and rent and sit it out for another year or two. But I know in practice, that's easier said than done.

 

 

 

Hope this was helpful.

 

 

[Coronita]

2pleasemywife,

 

Without the home address or stats on the size and I can't really comment on the house itself. If you want to provide some more details, I could give you an opinion(price,sqft,bedrms etc).

 

However, if it's along PV drive east, this home (though in RPV), is closer on the side closer to Miraleste, unless it's at the south end of PV drive east. One thing I would double check is what school district that home has access too. Folks that live near the Miraleste area have always had some issues related to districting school lines, as parts of this side of was incorporated in RPV much later than other areas.

 

It's just my opinion, but if you really want to live on the Hill, than live on the Hill closer to the coast on the west side. I'm not saying go live in PVE or RHE because those areas are incredibly expensive., although those would be my personal preference along with the homes along Trump's golf course…But if you live in RPV closer to the west coast lines, the ammenities are more readily available. Easier access to the malls, PVPHS, etc. You're already going to pay a premium to live in this area. You might as well live in an area that is more convenient and more popular in PV.

Linky to google map of PV (90275)

http://maps.google.com/maps?f=q&hl=en&geocode=&time=&date=&ttype=&q=90275&ie=UTF8&z=12&om=1

My personal preference would be along PV Drive West. Though the homes are a lot older, it's traditionally true PV.

 

I don't think homes in PV have drastically fallen yet. Things have slowed down, but generally most of the areas have yet to have a price correction, as I believe there aren't many homes in the RPV,RHE,PVE zip code below $1million. Torrance, though has started to correct quite a bit. If I were a new buyer, I would say you might want to wait to see if you get can a better location in PV at what your currently willing to pay. Prices in PV have corrected in the last real estate correction, only it started slower than other areas. I was a kid when I saw $800k homes drop to $500k in the 80ies. Not saying if this is definitely going to happen (though if I were to bet, I would think so). But I just think buying into PV right now may still be too early. If you're really daring, sell your place first and rent and sit it out for another year or two. But I know in practice, that's easier said than done.

 

 

 

Hope this was helpful.

 

 

[Coronita]

I have relatives live in P.V. Nice and expensive area, with lots of old wealth people. Personally, I haven't seen prices fall that much yet.

 

When you refer to P.V., are you refering to

Rancho Palos Verdes,

Rolling Hills Estates,

Palos Verdes Estates,

or the unincorporated area (Miraleste/San Pedro Area).

 

(Yes, it matters. If you have the actual street name, I can probably tell you a little about the neighborhood).

 

I was actually kicking myself. Because when they were developing those homes near Donald Trump's new golf course, there was time when homes there were in the $2million range with real ocean views (I mean not San Diego definition of an ocean view in which is a sliver of ocean viewable from the bathroom. But end to end ocean view) and no one was buying (think it was 2003). I believe these homes are in the $4m+ now.  

[Coronita]

I have relatives live in P.V. Nice and expensive area, with lots of old wealth people. Personally, I haven't seen prices fall that much yet.

 

When you refer to P.V., are you refering to

Rancho Palos Verdes,

Rolling Hills Estates,

Palos Verdes Estates,

or the unincorporated area (Miraleste/San Pedro Area).

 

(Yes, it matters. If you have the actual street name, I can probably tell you a little about the neighborhood).

 

I was actually kicking myself. Because when they were developing those homes near Donald Trump's new golf course, there was time when homes there were in the $2million range with real ocean views (I mean not San Diego definition of an ocean view in which is a sliver of ocean viewable from the bathroom. But end to end ocean view) and no one was buying (think it was 2003). I believe these homes are in the $4m+ now.  

[Coronita]

SD R,

 

Yes BRCM seems to be a winner, except with all the lawsuits against QCOM, buying it would be going against several friends and family I know.

I've been pretty happy with Intel, Nokia, Yahoo, HP…especially after finding out that they didn't puke on earnings. I've also been happy with BEA, Motorola, and just about everything else Icahn is trying to pump and dump, or slice and dice. Unfortunately, party isn't going to go on forever some I'm unloading some this week.

I'm thinking of getting into enterprise storage tech/failover technology such as NetworkAppliance, EMC. Namely because I'm seeing a lot of demand for some of these products, as more and more software companies start moving to the SAAS business models (software as a service) and grid computing. The storage needs, fault tolerance, failover, etc is reaching beyond anything I've seen before, as companies are hosting and cramming more and more stuff into services. Unfortunately, these storage tech companies i think are already pretty expensive, so I've been patiently waiting (and unfortunately watching these go up and up.) The only two I don't like is Veritas because it's now part of Symantec and VMWave which is ridiculously priced. My company pretty much uses every one of these companies, and my peers in the industry have been seeing similar buying trends. Some of our tech budgets have been going up for awhile.

But what do I know. I'm just fat and lazy 🙂

 One funny thing. I've been reading a lot about analysts talking about BEA and how they think there will be a competing offer more than Oracle. I sort of chuckled at some of the potential bidders.

 

1) IBM: uh, unless they are going to buy BEA to shut them down, I doubt it. IBM has websphere.

2) SUN: uh, they are moving to an open source model and have glassfish. Uh, doubt that.

3) SAP: possible, especially with the weak dollar. Still, don't think SAP wants to move into markets where things are commoditized.

4) HP,CA,EMC,CSCO: doubt it. Doesn't make sense. Software suite is different space.

My opinion, ORCL will be the only suitor. Final answer.

 

But what do I know. I'm just fat and lazy 🙂

 

 

 

[Author]

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