Close to normal 10% correction. Ready to buy.

> I can go back to 2008 online but the shares split so the prices aren't directly comparable.

Again, I have the same system, with the splits, and there is zero problem getting this information.

My my, bsx is really onto something here...

"You asked me to provide an example"

Once again, you misquote me - I didn't ask for "an example" - I asked you to post ALL your trades. See the difference btwn what I asked for (all the trades) and what you claim I asked for (an example)? Pls go ahead and post ALL the trades (I am capable of calculating stock splits) with share amounts and purchase times. I know you can do it...if you want to (do you?)

hee hee

Once again, BS gets exposed by the BS-exposer. Steve...I honestly thought you might be different than all the rest :(

"Again, I have the same system, with the splits, and there is zero problem getting this information."

Wrong. The trades are listed at the price they traded at; the splits aren't listed as there are no trades. All that changes is the number and price of the shares on the statements.

Bsex, you got what I have. Those are the trades I've made in 2010 - all of them. I can't give you anything else as nothing else exists. If you want to see what happened to EDC here it is:

http://www.marketwatch.com/investing/fund/EDC/charts?chartType=interactive&countryCode=us

See if you can make sense of a stock that closed on 12/31 at $134.35, and closed today at $21.11.

And no, I'm not giving you the number of shares I owned, which you need to calculate the effect of the split - I share a lot of information, but not that much.

"Bsex, you got what I have. Those are the trades I've made in 2010 - all of them"

I thought you claimed you were a "trader", no? And all you can come up with for the entire year so far is...2 trades? What kind of "trader" is that?

OK, OK, I'll take your word for it - then please post your trades since 1/1/2009, as I did. Deal?

Re EDC:

May 5, 2010 4: 1 Stock Split
Nov 20, 2009 $ 5.4875 Dividend

Also, 3X funds have abnormal decay over time due to the excessive leverage.

Steve? All your trades since 2009, please? I already posted mine. Now your turn.

Hmmm...radio silence. :(

nice rally...how u all doin? :)

Flmao. On a risk adjusted basis, what rally ? Flmao.

"how u all doin? :)"

I am up 4% today, up 1% on year.

Still waiting for Steve to post his trades from 1/1/09 to present, though...

doing fine - 70% invested. picked up an another 10% at 9800ish level.

GS is annoying me.

I am 98% invested [all common stocks], 2% cash.

I already described my portfolio, I only increased S&P500 by buying more IVV

10% GS
10% QQQQ
40% SPY & IVV
10% RSX

30% cash

^^ all approximate numbers

Though I think we're finally getting out of the bottom. As soon as 200 days average will get rocked which is at ~1100 for S&P500.

darkbird, you may find this interesting:

http://seekingalpha.com/article/15251-why-you-shouldn-t-own-dia-spy-or-qqqq

Had trouble with getting data on purchases of only 1 and half years out with TD America. But one phone fixed that all up.
Every brokerage HAS to give access to several years for P/L statements...but Im a real light trader.

Have to say, I'd consider diving into BP.
Granted everything screams run away, that's why its probably a great 2/3 year buy.
I mean, who goes out of business anymore, they're likely too big to fail too. So the governemnt will chastize them, fine them, squeeze a year or two of dividends but won't bankrupt them.
5 times PE right now and it's a straight commodity trading at a 10 year old price.
Thought they'd never recover from that oil refinery fire a few years back...what's that?.... what fire?....Exactly.

"After its deadly explosion at a Texas refinery in 2005, BP paid $2-billion to settle civil suits and $50-million to settle criminal charges under the Clean Air Act, the largest fine ever imposed under the Act. It is appealing an additional fine of $87.4-million imposed by the Occupational Health and Safety Administration last year for failing to correct deficiencies at the refinery.

After its Prudoe Bay pipeline leaked quantities of crude in Alaska in 2006, the company paid a $20-million fine, and faces an additional $50-million levy from the Environmental Protection Agency.

And in October, 2007, BP energy traders in Houston were charged with manipulation of propane prices. The company settled those charges with a $303-million fine, a record for commodity market settlement. "

http://www.theglobeandmail.com/report-on-business/bp-faces-daunting-liability-costs-from-gulf-oil-spill/article1587306/

Civil suits will be the key. I think 15 people died in the '05 Texas fire.

lhb

> I am up 4% today, up 1% on year

SSOs are up 6% today.

...now up 5% on year [including dividends], S&P flat overall in 2010 [or up about 1.3% including dividends]. Outperformance - 3.7%. Knock on wood for remainder of year.

swe, so u finally listened to SteveF and made some money, you rabid foaming at the mouth little dog you....

somewhereeslse, no reply yet? The mouth foam must be building. The body must be convulsing. The eyes must be bulging. Maybe it's b/c you can't unclench your fists to type. That's it, the clenched fists unable to open.

@BSexposer This year you're about right, since my 401k is practically S&P 500 with some Russel 2k. As of yesterday close it was 0.2% up.

For last year my 401k made 46% with about the same mix, and not like I have a lot of choice.

Oh last year I think I was in cash until the market started flying up, I think I went in in April. Don't remember the details.

"somewhereeslse, no reply yet? The mouth foam must be building. The body must be convulsing. The eyes must be bulging. Maybe it's b/c you can't unclench your fists to type. That's it, the clenched fists unable to open. "

steveF, you really have problems. I'm not sure what you're talking about.

"now up 5% on year [including dividends], S&P flat overall in 2010 [or up about 1.3% including dividends]. Outperformance - 3.7%. Knock on wood for remainder of year."

SSOs were up 5% today alone! and 6% from that day last week...
12% overall for the week!

woo hoo.

wow, I just did the check... some of the SSOs from near the bottom are up over 150%

so who made money from that what was it a 9800 bottom? Made yourself a nice 7%.

A few of the blocks I bought in the period are up 13%, and most of the rest are up 8-9%.

Of course, we're still talking peanuts compared to the rebound you missed because you bet wrong, and went for RE.

140+%!

how y'all doin? :)

not to shabby. 147.99% on some of 'em now.... and I picked up some more on 7/1... up 15.66% since.

thanks for asking!

How's it going equity guys? What's your fall predictions?

Well, the jobs report isn't fun for anybody, but I'm still up 15-20% on those SSOs I picked up. Its been a nice run.

How's everyone doing? I hope those buyers @ Dow 9800 4 months ago held on to get a nice 12% gain. That's almost 50% annualized. The manhattan residential market looks really strong with evidence of post summer strength and media announced higher median prices(always a psychological boost). Anyhow, I think prices for apartments are ready for some nice increases. I think we are looking at 5-7% price increase by this time next year. However, lack of inventory is coming. It takes roughly 2 years to build a residential apt. The credit crisis that started in July 2007 and ended in late 2009 all but stopped lending. That means no new buildings coming to market. That is unprecedented. Manhattan has always had new supply except I think 1992-1994 as prices started their ramp up. I'm thinking that this same situation will happen again. Thoughts?

Awesome. Yes, SteveF, I told you to buy stocks, didn't I?

And not RE.... turns out you missed that math, too... all size categories are still down over 20%!!!

> Anyhow, I think prices for apartments are ready for some nice increases
You've been saying that for 2 years now.... how long you going to say that?

Btw, your jobs posting still gives me endless amusement.

crybaby posts the same post 5x in five minutes, tough not to notice.

btw, what happened to your whole tantrum?

did mommy change your diaper?

swe, It was so good I had to make a new thread for it....

How's it going? Hope u guys all bought and held for a nice 14% gain.

Anybody buy and hold since DOW 9800 - 4 months ago

I bought and held since dow 6800.

14% gain. pfffffffffffffff. That won't make up a fraction of your RE losses.

SSOs up 200%!

How's it going all you stock investors. Manhattan real estate is chugging along. Inventory is dropping fast and properties are being snapped up.

Man, awesome that our little jester comes along to brighten our days with laughter.

> How's it going all you stock investors.

Awesome! Thank you... told you you should have been in stocks for years now...

> Manhattan real estate is chugging along.

If by chugging you mean "still in the crapper".... sure.

> Inventory is dropping fast and properties are being snapped up.

At 20%+ off!

And inventory is still higher than when you said it was dropping fast 2 years ago!

Oh man, you're so funny!

202% on the ssos!

swe...the rent...it's the first of the month u gotta pay the rent. Did u pay it yet? I hope u did b/c your landlord has many people lining up to pay more than you with inventory dropping.

so swe go pay the off the landlord's principal. hat to stick it to you but you're such a d-ck or in your case "c"

How's everyone doing???

positively awwwwwwwesome. 217.33%. Thanks for asking.

You should have been listening to me years before you finally started.

> swe...the rent...it's the first of the month u gotta pay the rent. Did u pay it yet?

Yes, I did.

> I hope u did b/c your landlord has many people lining up to pay more than you with inventory dropping.

Actually, he didn't. There are a few more in the line available right now. I'd point them out to you if you could afford them.

> so swe go pay the off the landlord's principal.

I'm paying less than the interest had I bought... so, nope, no principal.

See how this works, Steve?

Told you, you should have started listening to me way before a few months ago. You wouldn't be in such poor financial shape.

> hat to stick it to you but you're such a d-ck or in your case "c"

So, I prove you wrong too many times, and you get extra childish. Classy, steveF.

"so swe go pay the off the landlord's principal. hat to stick it to you but you're such a d-ck or in your case "c""

And, to think... this coming from the guy who started a thread crying that *I* should be removed from the board.

Grow up, little girlie.

oh fsteve--launching the c word--shame on you

only deep frustration would drive you to do that

perhaps frustration that the reponse to your version of real estate price history and analysis has been found by most here to be laughable

one thing's for sure--your choice to tie your money up in real estate of recent, instead of the stock market, has been a costly mistake

> only deep frustration would drive you to do that

right on the nose.

Try finding a condo to buy for under 500k by this time next year and you'll be one lucky individual.

SteveF 2011 predictions...

This is a great thread.

Good job steveF.

"steveF
about 7 months ago
ignore this person
report abuse
Thumbs Up Thumbs Down

I would start nibbling today and if necessary buy all the way down to Dow Industrial: 9800-9900. But hey that's MHO.
"

And myself..BUY when the underlying fundamentals were strong and all these BEARS on this board screams the world is coming to an end.

:)

"ericho75
about 6 months ago
ignore this person
report abuse
Thumbs Up Thumbs Down

Relax fellas, market isn't going to collapse like alot of these knuckleheads here suggest.

Dry Baltic Index at new highs.
Junk bond yields barely budge.
LIBOR spreads no where near danger stages."

While steve wsa Buying back in August.

The idiot makes the following post.

"somewhereelse
about 7 months ago
ignore this person
report abuse
Thumbs Up Thumbs Down

You want us to thrash you again?
You certainly love the pain, don't you.

BUY HIGH, SELL LOW!

rotlf.
"

Who's laughing NOW!
How many time are you going to get MOCKED for being SO wrong.

WRONG WRONG WRONG!

Ericho, you are a complete moron.

I was buying at dow 6800. My comment is when Steve jumped in to buy after the dow hit 11k, and was then talking about selling his RE.

> Who's laughing NOW!

Me! Told you so!

> How many time are you going to get MOCKED for being SO wrong.

Steve tries, but I've been RIGHT.

As I said, should have been buying stocks when the market was low, not AFTER the runup.

Sheesh, ericho, I thought you'd get that whole part.

btw, let me quantify the told you so ericho...

228.98%

ericho...thx bro. Right back atcha! Merry Christmas.

> WRONG WRONG WRONG!

I love it, baby steveF has a friend!

Buy high! Sell low!
Little Stevie Told Us So!

@somewhereelse
I was buying at dow 6800.

That's great. What is the code I need to get the Dow at 6800 today?

Buy when there's blood in the street. It's the old time rule. Buy an apt when you have enough money or else rent. You could have tossed a dart at 6800 and made money.

Bingo. You buy when noone else wants to buy. When the folks like SteveF come around after the runup, you start thinking about taking profits.

12k baby!

Woo hoo!

So glad I've been in stocks, not real estate!

SSOs... +246.39%!

oh ya DOW 12k is just so terrible for real estate.....
swe...it's 50k more for that studio and 100k more for that 1 bedroom you were looking at....woohooo!

Poor, poor steve. You missed out on the stock runup, and you lost your shirt in RE... and still don't know it. You can't really be this slow, can you?

Studios are the lowest they've been since pre-lehman!

Down $124k since Q1 08! Down $62k since Q1 09! Down $35k over just the last 2 quarters!)

Steve, you need to learn the difference between up and DOWN. Stocks UP, yes! Real Estate DOWN!. Sorry, toots!

SSO is actually still down 49% from peak!