Things must be 'really' bad out there because....

its mind blowing!

You spent the last two months looking for bullish arguments and come back with this?

malthus - Nice! I thought exactly the same thing when I saw this weak effort - unusually lame even for the 'ho - but didn't want to post for fear of bumping up the thread and encouraging him. But now that you mention it...

If aboutready's toilet is not overflowing today, things can't be that bad.

Go back to sleep ericho. The powehouse units are still falling in price. We'll wake you up when it reaches $800psf.

I don't need to look for bullish arguments, i'm merely stating the facts.
If the sky really is falling like all you idiots are claiming, can you explain how in the world are the retail sector 10% from it's all time highs?

It's all right there.

related article:
"Spending more, saving less. Uh-oh."
http://money.cnn.com/2010/03/01/markets/thebuzz/index.htm

Doesn't change my view that NYC RE will drop at least another 15% or stay flat for at least 5+ years.

LOL, Malthus...

Below 2002 values. Now thats what I call a bull market!

Seriously, if ericho waits weeks and weeks and THIS is all he came come up with?
Just makes me more bearish....

The funny part is, this index is ONE THIRD TARGET AND WALMART!
Plus cosco and walgreens and cvs!

Really, people are buying cheap crap? No way! No how!
Wasn't this the story MONTHS ago... folks are buying less good stuff, so its walmart instead.
And this is GOOD news?

Jeez, ericho is really grasping at straws here.

I got it...

"FOLKS BUYING TOOTHPASTE WILL SAVE US!!!"

sorry, I just need to chuckle about this one again.

WALMART BUYERS WILL SAVE US!

"The funny part is, this index is ONE THIRD TARGET AND WALMART!
Plus cosco and walgreens and cvs!"

Hugh spends a lot at CVS. Mostly on condoms.

Hugh also spends a lot at Nordstroms, Barneys, and Bergdorff. They don't seem as crowded as in 2008...

ericho's analysis stops with the headline. he also ignores current real estate price trends.

marco - I'm a little puzzled. Why would you call anything that the 'ho posts "analysis"? I've yet to see anything that would qualify for such a description. In particular, I think we can agree that Ctrl-C and Ctrl-V are not analysis.

hahahaha good point

"Rosenberg: Sorry, Those Consumer Spending Numbers Were Not As Good As They Looked"

"While people did spend more on luxury items and things to help them improve
their mood during these tumultuous times, there was still very much a frugal
‘stay at home’ cocooning theme in the spending report. For example, there was
less spending activity on sports events (-0.7%), amusement parks (-0.3%) and
movie theaters (-4.2%). Instead, people spent more money on books (+2.1%),
cable (+0.9%) and television sets (+0.7%). Games and toys were up 1.4% —
family fun for everyone! While there was more money for fast food outlets,
grocery spending was more robust during the month (+1%). People cut back on
their travel, that is for sure too — rails down 1.5% and airline spending was flat.
Hotels were cut back by 4.4%.

There was also a bit of a ‘do it yourself’ theme in the data too — sewing items up
1.6%, clothing materials also up 1.6%, auto parts rose 0.7% and furniture repairs
were cut back by 0.2% while laundry services stagnated. Accounting and business
services spending was sliced 0.7%. "

http://www.businessinsider.com/rosenberg-sorry-those-consumer-spending-numbers-were-not-as-good-as-they-looked-2010-3

somewhere - actually, walmart sales were disappointing and off from a year ago, whereas nordstrom, tiffany and some other 'aspirational' stores have been doing much better. and target, which had good results, attracts a higher end shopper than walmart. seems like some of the trading down that occurred last year is eroding and people are going back to their old habits. doesn't mean that all is well and good, but your analysis is incorrect.

> ericho's analysis stops with the headline. he also ignores current real estate price trends.

Well, a bull has only so many options these days. If you did the analysis and didn't ignore current data in trends... how could you actually still be a bull?

> and target, which had good results, attracts a higher end shopper than walmart

Ah, got it..

TARGET SHOPPERS WILL SAVE US!

The Atlantic Mall will power all of Brooklyn!

Jeez, the bulls just keep digging themselves in deeper.

More good news!

http://finance.yahoo.com/news/Private-sector-sheds-20000-rb-1815769018.html?x=0&sec=topStories&pos=main&asset=&ccode=

"NEW YORK (Reuters) - U.S. employers shed 20,000 private-sector jobs in February according to a report by ADP on Wednesday, fewer than the 60,000 jobs lost in January and inline with analysts' expectations."

And the best news of them ALL!!!

http://finance.yahoo.com/news/Service-sector-expands-in-rb-3367128011.html?x=0&sec=topStories&pos=2&asset=&ccode=

ISM at 53!! Expansion!!

And what have all you morons been doing since Spring of 2009.

Continue to sing the 'end of the world'.

What a bunch of dumb asses.

Hey W64whorestreet...another 10% move to the upside and The Powerhouse will be back at 800 psf!!!

I see a recent closing at 700!!!

Can you give me a big BOOOYAH!

Hold on to your hats its going to CRASH!!!!

actually Ive just been waiting to buy since the market keeps moving in my favor. its nice being on the right side of the trade.

There are so many dumb asses on these boards.

i tried......

May god help you all....

> There are so many dumb asses on these boards.

Yes, thanks for proving that.

I'm STILL getting such a laugh over this thread.

WALMART WILL SAVE US! The 20,000 PEOPLE WHO LOST THEIR JOBS WILL SAVE US!

Keep it coming, ericho, this is hillarious.

just wanted you to know, I got another laugh from this today.

Thanks again.