Forum Replies Created
-
AuthorPosts
-
macmichaelParticipant
See UT sunday business section, Dean Calbreath article. Sorry don’t know how to get it tied in here, maybe someone else can help with that.
He says oil should not be over about $ 78 – 80 at present and lots of speculation, hyping, manipulation going on so hedge funds, etc can make money.
It appears that in short term he is very much on. I suspect that there is a pump going on to push the price of oil up to $ 105 – $ 112 trying to set up a supposed new base level. Then a dump which will take it down to about $ 80 for the next period ( 3 – 9 months ? ).
Those shorting or positioned to benefit from the drop will make money. Then repositioning to go long and watch as the price reclimbs in the face of real “peak oil”. I wouldn’t be surprised if this cycle repeats a number of times till a break out on the high side.
How do others who follow oil think this will play out? Do we need to start a new thread just on oil futures?
macmichaelParticipantSee UT sunday business section, Dean Calbreath article. Sorry don’t know how to get it tied in here, maybe someone else can help with that.
He says oil should not be over about $ 78 – 80 at present and lots of speculation, hyping, manipulation going on so hedge funds, etc can make money.
It appears that in short term he is very much on. I suspect that there is a pump going on to push the price of oil up to $ 105 – $ 112 trying to set up a supposed new base level. Then a dump which will take it down to about $ 80 for the next period ( 3 – 9 months ? ).
Those shorting or positioned to benefit from the drop will make money. Then repositioning to go long and watch as the price reclimbs in the face of real “peak oil”. I wouldn’t be surprised if this cycle repeats a number of times till a break out on the high side.
How do others who follow oil think this will play out? Do we need to start a new thread just on oil futures?
macmichaelParticipantSee UT sunday business section, Dean Calbreath article. Sorry don’t know how to get it tied in here, maybe someone else can help with that.
He says oil should not be over about $ 78 – 80 at present and lots of speculation, hyping, manipulation going on so hedge funds, etc can make money.
It appears that in short term he is very much on. I suspect that there is a pump going on to push the price of oil up to $ 105 – $ 112 trying to set up a supposed new base level. Then a dump which will take it down to about $ 80 for the next period ( 3 – 9 months ? ).
Those shorting or positioned to benefit from the drop will make money. Then repositioning to go long and watch as the price reclimbs in the face of real “peak oil”. I wouldn’t be surprised if this cycle repeats a number of times till a break out on the high side.
How do others who follow oil think this will play out? Do we need to start a new thread just on oil futures?
macmichaelParticipantSee UT sunday business section, Dean Calbreath article. Sorry don’t know how to get it tied in here, maybe someone else can help with that.
He says oil should not be over about $ 78 – 80 at present and lots of speculation, hyping, manipulation going on so hedge funds, etc can make money.
It appears that in short term he is very much on. I suspect that there is a pump going on to push the price of oil up to $ 105 – $ 112 trying to set up a supposed new base level. Then a dump which will take it down to about $ 80 for the next period ( 3 – 9 months ? ).
Those shorting or positioned to benefit from the drop will make money. Then repositioning to go long and watch as the price reclimbs in the face of real “peak oil”. I wouldn’t be surprised if this cycle repeats a number of times till a break out on the high side.
How do others who follow oil think this will play out? Do we need to start a new thread just on oil futures?
macmichaelParticipantFor those looking some observations:
Bluefield Ct. – not listed yet 1760 sq ft, excellent street, folks moving to Penn. No view but if you want the hood. I could email address if anyone is interested.
Claremore Ct. in MLS at 819K, big house 3300 sq ft. 5/3.5. Lot of house for the money, dated inside, pool / spa. A small remodel to NW living room corner and upgrade front yard and there would be a A+ view to the ocean. Lots of potential here.
macmichaelParticipantFor those looking some observations:
Bluefield Ct. – not listed yet 1760 sq ft, excellent street, folks moving to Penn. No view but if you want the hood. I could email address if anyone is interested.
Claremore Ct. in MLS at 819K, big house 3300 sq ft. 5/3.5. Lot of house for the money, dated inside, pool / spa. A small remodel to NW living room corner and upgrade front yard and there would be a A+ view to the ocean. Lots of potential here.
macmichaelParticipantFor those looking some observations:
Bluefield Ct. – not listed yet 1760 sq ft, excellent street, folks moving to Penn. No view but if you want the hood. I could email address if anyone is interested.
Claremore Ct. in MLS at 819K, big house 3300 sq ft. 5/3.5. Lot of house for the money, dated inside, pool / spa. A small remodel to NW living room corner and upgrade front yard and there would be a A+ view to the ocean. Lots of potential here.
macmichaelParticipantFor those looking some observations:
Bluefield Ct. – not listed yet 1760 sq ft, excellent street, folks moving to Penn. No view but if you want the hood. I could email address if anyone is interested.
Claremore Ct. in MLS at 819K, big house 3300 sq ft. 5/3.5. Lot of house for the money, dated inside, pool / spa. A small remodel to NW living room corner and upgrade front yard and there would be a A+ view to the ocean. Lots of potential here.
macmichaelParticipantFor those looking some observations:
Bluefield Ct. – not listed yet 1760 sq ft, excellent street, folks moving to Penn. No view but if you want the hood. I could email address if anyone is interested.
Claremore Ct. in MLS at 819K, big house 3300 sq ft. 5/3.5. Lot of house for the money, dated inside, pool / spa. A small remodel to NW living room corner and upgrade front yard and there would be a A+ view to the ocean. Lots of potential here.
macmichaelParticipantAnother perspective
We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
macmichaelParticipantAnother perspective
We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
macmichaelParticipantAnother perspective
We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
macmichaelParticipantAnother perspective
We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
macmichaelParticipantAnother perspective
We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
-
AuthorPosts