Last up date we said
Well, we hoped we got a bottom and a sharp rally. Now we are ready to start selling, we own 3 SPH09 or ESH09 we will sell all 3 at 755. We will revisit this, when this trade is done.
Currently:
We have been flat, I didn't go back in and got out early, I was concerned about one more pull back. Unfortunately, I been on a project and had not posted another update.
We will look to buy the SPM09 or ESM09 as follows; unit one at 770, unit 2 at 745 unit three we will reserve for now.
We said last;
Crude Oil, we are flat, we will look to sell short the May crude CLK09 or QMK09 mini at $51.00, one unit.
Currently:
We are short from $51.00, we will put an order to cover at $49.00.
Last update we said.
So we are flat the treasuries. We will look to sell short 129 June USM09 one unit.
Currently:
We are short one unit from 129, we will cover at 126 16/32.
We could have covered at 127, but I missed posting. I am going to try to post daily a simple format in the future and a more involved weekly or as necessary.
Real Estate Markets, A week ago Sunday, I made the front page of the Record, Northern New Jersey's newspaper, in an interview on the real estate market. After describing the perfect storm, I feel we hit a bottom or it is happening as we speak. Bergen County Real Estate didn't loose so much as other areas, so the roll is a little less blaring.
I see homes being sold, yes there are short sales and foreclosures, but they are working through. Rates are low and money is coming in. I also heard that Bank of America is offering a jumbo up to $3,000,000 in the high 5% range. This is great for Bergen County high priced home sales.
View my new homes for sale
Richard
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