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.
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.
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.
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