[one_muggle]

Andy,

You don’t think gold has already priced that in?
I had the feeling (no data) that gold was already way overbought.

-one muggle

[one_muggle]

Andy,

You don’t think gold has already priced that in?
I had the feeling (no data) that gold was already way overbought.

-one muggle

[one_muggle]

Andy,

You don’t think gold has already priced that in?
I had the feeling (no data) that gold was already way overbought.

-one muggle

[one_muggle]

drunkle–The answer is Yes.
Watching the roller coaster today, I would guess it will still be quite volatile. By the 10 percent definition, we still haven’t even had a correction. I’ve been waiting on a solid slide to put money back in to indexes, but I think I’ll hold off until at least 12500, and more again if it drops below the 11000 mark–I think it has a fair chance (see image). Until then, I am only holding individual long term stocks. I wont get overly nervous on those until the overall market drops below the 10k mark, but I don’t see that as likely, unless Edwards wins the primary, Hillary the presidency or Bush has another press conference on how great is the economy are.

[img_assist|nid=4342|title=DJIA|desc=Line of pain==11000|link=node|align=center|width=466|height=350]
-one muggle

[one_muggle]

drunkle–The answer is Yes.
Watching the roller coaster today, I would guess it will still be quite volatile. By the 10 percent definition, we still haven’t even had a correction. I’ve been waiting on a solid slide to put money back in to indexes, but I think I’ll hold off until at least 12500, and more again if it drops below the 11000 mark–I think it has a fair chance (see image). Until then, I am only holding individual long term stocks. I wont get overly nervous on those until the overall market drops below the 10k mark, but I don’t see that as likely, unless Edwards wins the primary, Hillary the presidency or Bush has another press conference on how great is the economy are.

[img_assist|nid=4342|title=DJIA|desc=Line of pain==11000|link=node|align=center|width=466|height=350]
-one muggle

[one_muggle]

drunkle–The answer is Yes.
Watching the roller coaster today, I would guess it will still be quite volatile. By the 10 percent definition, we still haven’t even had a correction. I’ve been waiting on a solid slide to put money back in to indexes, but I think I’ll hold off until at least 12500, and more again if it drops below the 11000 mark–I think it has a fair chance (see image). Until then, I am only holding individual long term stocks. I wont get overly nervous on those until the overall market drops below the 10k mark, but I don’t see that as likely, unless Edwards wins the primary, Hillary the presidency or Bush has another press conference on how great is the economy are.

[img_assist|nid=4342|title=DJIA|desc=Line of pain==11000|link=node|align=center|width=466|height=350]
-one muggle

[one_muggle]

PC,
Civil servants would also need to be paid more–no small task.
I suspect it is one of the myriad reasons for lying about inflation.

-one muggle

[one_muggle]

PC,
Civil servants would also need to be paid more–no small task.
I suspect it is one of the myriad reasons for lying about inflation.

-one muggle

[one_muggle]

PC,
Civil servants would also need to be paid more–no small task.
I suspect it is one of the myriad reasons for lying about inflation.

-one muggle

[one_muggle]

Yes patient, that is kind of my concern. If you look at a recent DQnews:
http://www.dqnews.com/RRSCA0807.shtm
This downturn is happening in spite of major external stimulus. I know one can argue the credit market crunch is the stimulus, but I think it is so interrelated as to be tge same event, also SD was going down BEFORE the crunch, and helped to precipitate it.

“These are interesting times because the slowdown in home sales isn’t part of a broader economic slowdown, it’s a post-frenzy re-balancing act. The last time we had sales this slow, Southern California had been in recession for a few years. Jobs were being lost in droves, people were leaving the area and home prices fell significantly. This time around we haven’t seen that, sellers are holding out and we can only assume demand is building up,” said Marshall Prentice, DataQuick president.

Looking at the state of the market, without some other external event, such as job losses (like Detroit), god forbid a major terror incident, or my point here, which is a major quake. I think a quake anywhere in SoCal will be akin to the subprime meltdown on Wallstreet where the meltdown reminded the street of the risks. With a major quake, even areas unaffected by the quake will drop harder than they would have simply because the RISK of quakes and the like will be brought back into the calculus. Given how long it has been, I don’t think people have factored it in.

What percentage of homes bought homes in the last ~10yrs since the previous major SoCal quake were by transplants from non-quake areas?

-one muggle

[one_muggle]

Yes patient, that is kind of my concern. If you look at a recent DQnews:
http://www.dqnews.com/RRSCA0807.shtm
This downturn is happening in spite of major external stimulus. I know one can argue the credit market crunch is the stimulus, but I think it is so interrelated as to be tge same event, also SD was going down BEFORE the crunch, and helped to precipitate it.

“These are interesting times because the slowdown in home sales isn’t part of a broader economic slowdown, it’s a post-frenzy re-balancing act. The last time we had sales this slow, Southern California had been in recession for a few years. Jobs were being lost in droves, people were leaving the area and home prices fell significantly. This time around we haven’t seen that, sellers are holding out and we can only assume demand is building up,” said Marshall Prentice, DataQuick president.

Looking at the state of the market, without some other external event, such as job losses (like Detroit), god forbid a major terror incident, or my point here, which is a major quake. I think a quake anywhere in SoCal will be akin to the subprime meltdown on Wallstreet where the meltdown reminded the street of the risks. With a major quake, even areas unaffected by the quake will drop harder than they would have simply because the RISK of quakes and the like will be brought back into the calculus. Given how long it has been, I don’t think people have factored it in.

What percentage of homes bought homes in the last ~10yrs since the previous major SoCal quake were by transplants from non-quake areas?

-one muggle

[one_muggle]

Yes patient, that is kind of my concern. If you look at a recent DQnews:
http://www.dqnews.com/RRSCA0807.shtm
This downturn is happening in spite of major external stimulus. I know one can argue the credit market crunch is the stimulus, but I think it is so interrelated as to be tge same event, also SD was going down BEFORE the crunch, and helped to precipitate it.

“These are interesting times because the slowdown in home sales isn’t part of a broader economic slowdown, it’s a post-frenzy re-balancing act. The last time we had sales this slow, Southern California had been in recession for a few years. Jobs were being lost in droves, people were leaving the area and home prices fell significantly. This time around we haven’t seen that, sellers are holding out and we can only assume demand is building up,” said Marshall Prentice, DataQuick president.

Looking at the state of the market, without some other external event, such as job losses (like Detroit), god forbid a major terror incident, or my point here, which is a major quake. I think a quake anywhere in SoCal will be akin to the subprime meltdown on Wallstreet where the meltdown reminded the street of the risks. With a major quake, even areas unaffected by the quake will drop harder than they would have simply because the RISK of quakes and the like will be brought back into the calculus. Given how long it has been, I don’t think people have factored it in.

What percentage of homes bought homes in the last ~10yrs since the previous major SoCal quake were by transplants from non-quake areas?

-one muggle

[one_muggle]

FYI, the limit is $100k per person on the account, at least on mine. My credit union account has my wife as a co, so I get $200k limit on that. Makes spreading easier by half.

-one muggle

[one_muggle]

FYI, the limit is $100k per person on the account, at least on mine. My credit union account has my wife as a co, so I get $200k limit on that. Makes spreading easier by half.

-one muggle

[one_muggle]

FYI, the limit is $100k per person on the account, at least on mine. My credit union account has my wife as a co, so I get $200k limit on that. Makes spreading easier by half.

-one muggle

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