nnuut's Account Talk

[Silverbird]

I wonder how the prices of homes will be affected in San Diego now?

Well, not sure about house prices per se, but the tiny silver lining here for the economy is this will help the homebuilding industry. Unlike Florida, Louisianna and Missisipi the insurance companies most likely cannot afford to flee from the San Diego area - too lucrative a market, and fires aren't handled like floods.

 

[nnuut]

Lookin GOOD!

Market Update


10:05 am : Just reported, September new home sales came in at an annualized rate of 770k, which is up from August's revised reading of 735k. This is less than the consensus estimate that expected an annualized rate of 775k.

The conumer discretionary (-0.9%) and industrial (-0.9%) sectors are the main laggards. Utilites (+0.7%) and consumer staples (+0.2%) are the only sectors in postive territory.DJ30 -25.20 NASDAQ -12.47 SP500 -3.53 http://finance.yahoo.com/marketupdate/overview?u

 

[nnuut]

Lookin GOOD!

Market Update


10:05 am : Just reported, September new home sales came in at an annualized rate of 770k, which is up from August's revised reading of 735k. This is less than the consensus estimate that expected an annualized rate of 775k.

The conumer discretionary (-0.9%) and industrial (-0.9%) sectors are the main laggards. Utilites (+0.7%) and consumer staples (+0.2%) are the only sectors in postive territory.DJ30 -25.20 NASDAQ -12.47 SP500 -3.53 http://finance.yahoo.com/marketupdate/overview?u

These guys think it's not so good?
New home sales hammered again

September sales pace is weaker than expected but up from August, which was revised sharply lower to an 11-year low.

October 25 2007: 10:27 AM EDT


NEW YORK (CNNMoney.com) -- The pace of new home sales was weaker than expected in September, although it was a slight pick-up from an even weaker revised figure for the previous month, according to a government report.
The pace of new home sales came in at an annual pace of 770,000 in the month, up from the revised 735,000 rate in August. Economists surveyed by Briefing.com had forecast sales would slow to a pace of 775,000 in the month.

New home sales were weaker than forecasts in September.

The original August reading had come in at 795,000, but that was revised to an 11-year low amid a meltdown in the nation's mortgage securities market, which made it very difficult for buyers to get financing.
On Wednesday the National Association of Realtors had reported the weakest sales of existing single-family homes in September since 1998. The new home sales are more closely watched because they are seen as a leading indicator, tracking sales from when a contract is signed, not when the deal is closed.
[more] http://money.cnn.com/2007/10/25/news/economy/newhomes/index.htm?postversion=2007102510

 

[nnuut]

100% "G" COB today. CP mode!!

 

[nnuut]

Light Sweet Crude Settle at $90.46 and rising. See Oil Slick Home Page.View attachment 2363

 

[FogSailing]

$90.46....I'm having a hard time believing this is happening in my lifetime...

Just goes to show that when you mix greed and fear and you get really high prices...I think we need someone else running this nation's ship...

FS

 

[nnuut]

Oil at $91.27 a barrel, WOW! View attachment 2368Watch out for that OIL SLICK!!

 

[nnuut]

35% "C", 15%"S", 50% "I" COB Today. Planning riding through the FED Happy Halloween announcement!!:worried: Unless Oil gets worse then I will adjust.

 

[nnuut]

Ya know this late in the afternoon BOUNCE stuff is giving me one hell of a case of HEARTBURN. Anyone got a pack of Tums?:nuts:
That's not all that I need!View attachment 2369

 

[Birchtree]

A 300 point day would set you straighter than a skeeters peter. Watch what may happen after 1500 hours - I'm prepared.

 

[nnuut]

I'm always ready for that Birch, if I wasn't in the CP mode!:laugh::laugh::laugh:

 

[nnuut]

A 300 point day would set you straighter than a skeeters peter. Watch what may happen after 1500 hours - I'm prepared.

300 point gain TODAY? LOL, LOL want to make a small wager?

 

[Birchtree]

Only if you win you buy me this:

http://www.legacyclubsc.com

 

[nnuut]

Only if you win you buy me this:

http://www.legacyclubsc.com

I only get a blank red screen at that site, I can't buy you one of those!

 

[kar_crazy]

I only get a blank red screen at that site, I can't buy you one of those!

LOOKS LIKE A TXS LONGHORN SCREEN:laugh:

 

[Birchtree]

You have to give it a couple seconds to load. A residence club on lake Keowee.

 

[nnuut]

You have to give it a couple seconds to load. A residence club on lake Keowee.

Of course you will have to pick out the floor plan that you like. Do you want it on the water or is just access good enough? I'm from the Charleston area, why do you want to move to Yankee Land? Everything north of Moncks Corner is Yankee land Ya know!
View attachment 2371

 

[kar_crazy]

Of course you will have to pick out the floor plan that you like. Do you want it on the water or is just access good enough? I'm from the Charleston area, why do you want to move to Yankee Land? Everything north of Moncks Corner is Yankee land Ya know!
View attachment 2371

i bought my daughters car in charleston on ebay i have family in manning love it down there walk out back door doun to dock 6 pack and cain pole spring dreaming already

 

[nnuut]

Yep just relax and let it happen!!

 

[nnuut]

BAD NEWS FOR BEER DRINKERS!! View attachment 2374

Forget gas prices: Beer is going up

Brewmasters say shortage of barley and wheat will raise beer prices. Fans of boutique beers will be hardest hit.

October 26 2007: 3:43 PM EDT

SUNNYSIDE, Wash. (AP) -- Fans of Snipes Mountain Brewery's cloudy Hefeweizen relish the subtle wheat flavor of the bright, summery brew, and like beer drinkers everywhere, they know when their favorite brew tastes a little too hoppy or bitter.
Connoisseurs could be in for a surprise this year, and they may not be alone.
Video
More video

Brooklyn Brewery goes off the grid and uses wind power to create its signature beers. Play video

Small brewers from Australia to Oregon face the daunting prospect of tweaking their recipes or experimenting less with new brews thanks to a worldwide shortage of one key beer ingredient and rising prices for others.
Oh, and one other thing: Beer prices are likely to climb. How high is anybody's guess. Craft brewers don't have the means to hedge against rising prices, like their industrial rivals.
"I'm guessing, at a minimum, at least a 10 percent jump in beer prices for the average consumer before the end of the year," said Terry Butler, brewmaster at central Washington's Snipes Mountain.
Sales have been relatively flat in recent years among the country's big three brewers - Anheuser-Busch Cos (Charts, Fortune 500)., Molson Coors Brewing Co (Charts, Fortune 500). and SABMiller PLC. unit Miller Brewing Co - while small, independent brewers have experienced tremendous growth. The craft brewing industry experienced a 12 percent increase by volume in 2006, with 6.7 million barrels of beer. Sales among microbreweries, which produce less than 15,000 barrels per year, grew 16 percent in 2006.
Now the bright spot in the brewing industry is facing mounting costs on nearly every front. Fuel, aluminum and glass prices have been going up quickly over a period of several years. Barley and wheat prices have skyrocketed as more farmers plant corn to meet increasing demand for ethanol, while others plant feed crops to replace acres lost to corn.
Georgia breweries dry up [more] http://money.cnn.com/2007/10/26/news/beer_prices.ap/index.htm?postversion=2007102615