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The-Shoveler
ParticipantAnother Point for Brian’s theory ,
Big sales for small cars in February,
http://finance.yahoo.com/news/big-sales-small-cars-february-162618510.html
The Markets almost always move in the direction everyone least expects (thereby creating the most pain to the most people in the process, just the way it works, I did not make the rules).
In this case the way to maximum pain may very well be to continue to show signs of improvement.
I know that’s an odd theory.Note: In addition, what would cause the max pain would be for retail investors to give-up based on fear they are being left behind and go all-in just as the market peaks, which kind of looks like what is starting to happen. (I am still on the side but feeling the pain of watching everything just seem to go up myself ). I guess time will tell.
The-Shoveler
ParticipantStorage wars !!! I love that TV show,
But I seriously doubt the stuff they find in these lockers is worth what they claim on TV.
But I have not tried to sell stuff so really don’t know.The-Shoveler
ParticipantWait, if you owned one of these you would still have to commute, hmmm does not pass the laziness test to me, I guess you could build a house on the site as well, that might work. ( Just kidding).
yea, I read somewhere this was one of the best businesses to start. People don’t want to part from their stuff.The-Shoveler
ParticipantOK EVERYONE and I mean EVERYONE !! is expecting a retracement here.
So this kind of bugs me, it has to be the most anticipated retracement in recent history IMO
Anyway how are they going to catch the Dumb money holding the bag !!
(I guess there is always 401K money).
Well in disclosure I bought and I am holding more QID today, (maybe that makes me the dumb money, would not be the first time).
I guess we will see next week.The-Shoveler
ParticipantI think Brian has a point, the average car in America is now over 10 years old (a record),
And yes I myself have been waiting for a sub 20K car that gets 50+ MPG .Now there’s the real story, anyone listening ?
There’s the new Msft , APPL .Oh for you exberb-Phobic’s I was just reading on this, leaving out the drive time factors etc…
assuming you could get 25 miles a gallon, and assume you could save 200K, 50 miles is still finically better than 5 miles -200K. (it’s like a little over 1.5K per year difference in gas).The-Shoveler
ParticipantI don’t quite buy the High end pressuring the middle end of the market. Unless it’s some sort of move-up buy and bail (there are even short sales specialist advertising for helping you do that, although they don’t call it buy and bail but that’s what it is).
I don’t think there are too many peak buyers left in the middle or low end anyway, but I could be wrong.
High end I can see there being a larger percentage left as it probably is not as significant a part of the total to a lot of these guys.
Yea they have that much.The-Shoveler
ParticipantThe bricking thing I think can be resolved for not too much (hopefully anyway), and should be a recall idem if it is a flaw (hey it is new tech).
I like the new Fisker Karma, but it’s way over my budget.
that new 100MPG Ford that is coming out looks cool, If We start seeing these things below 20/25K (which I believe is coming), We will have to find some kind of new market for all that Oil.
Or if Gas goes above $7 or so, then people will take to these in mass,
The-Shoveler
ParticipantMe I kind of look at like the “nasdaq”
Will I ever see it at 5000 again in my life time ?
Is there something more important I need my money for right now ?
Will the dang bank give me a new loan ?The-Shoveler
ParticipantA few thoughts on this,
1) If it’s someplace like CV (close to where they need to be) I would think people will be less inclined to walk because they need to live somewhere anyway and if they can afford it why move ? (unless forced of course or they just want to buy an even better place, I have heard of it happening, its not that rare for a short sale after the owner buys another even more upscale home).
2) I think Banks are more willing to talk to you if you owe 1 Million or more. (I heard a Joke once, When I owed 100K no one would talk to me, but now that I owe 5 million they call me !!).
3) There are fewer people who can afford the high end even after the decline, so yea there may be some deals out there.One more
4) Even though the percentage has gone up, the absolute number is still probably fairly small.February 22, 2012 at 6:17 PM in reply to: OT-Contest to guess the occupant of beautiful new building in RSF #738522The-Shoveler
ParticipantOlive Garden
Wait I change that guess,
The Fire department !!
The-Shoveler
ParticipantTo give FaceBooks IPO some perspective,
Googles market capitalization at IPO was about $23 billionTO INFINITY AND BEYOND !!
The-Shoveler
ParticipantNO expert but I was looking at FaceBooks numbers,
They are making between 1 and 2 billion after expenses, (about the same as google when it IPO’ed)But still 100 Billion ?
Seems a bit rich to me, I don’t think they are another google myself.
But hey, if it gets me a raise and more Job offers for the next few years, I am game,
The-Shoveler
ParticipantFirst: Doesn’t anyone get a cost of living wage increase anymore?
Of course I mean everyone knows there is no plan to keep interest rates at 2% while inflation is 4% or anything like that so there is no cost of living increase really.
Ok end sarcasm.
Got 4% last year , expect 4% this year as well.
not counting stock options.The-Shoveler
ParticipantActually got about half my money back going into and out of QID again today. out too soon maybe just a quick day trade with my play IRA account.
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