Oh… I thought you paid 266 for it in 1998, and it’s now only worth 73. But you only paid 80k for it? How did you do that if it cost 266k back then? Did you buy it many years ago, and not in 1998?
The current price is a 1/3 of the price 10 years ago. It’s not even that bad here in Florida. I’d say now houses that were $400,000 in 2007 are now selling for $250,000… but that’s still more then 1/2 the original price. Your real estate market has really taken a beaten.
I’m surprised that it didn’t gap up to clear the overhead resistance levels? It was much high in the pre-market, but sold off to even at the open. Now it’s going to be extremely tough to go through the resistance, as opposed to gapping over it.
Sorry to hear that Jim. I expected an UP day on Friday, but not the rally we had. I was only looking for a move to 1130-1135 or so… more like a “pause” day, closing slightly positive.
It took me by surprise too. Now it looks like a move up a little higher is almost certain at this point. If we don’t get it today, then tomorrow will likely move higher. But I’d rather see the move up happen today, and then a reversal (or at least a doji) on Tuesday. Then more selling on Wednesday and Thursday. Don’t know about Friday yet, as that’s another opx day, so they will likely try and pin it where it benefits them the most.
I got bloodied good Friday. Added to some ultra positions not seeing friday as a strong possibility. Now I see continuation through 1160 and not sure where a break wiil come with this continuing lack of volume.
Oh… I thought you paid 266 for it in 1998, and it’s now only worth 73. But you only paid 80k for it? How did you do that if it cost 266k back then? Did you buy it many years ago, and not in 1998?
No. I bought for 80k. I estimated sale price now of 95k! (I finished the basement and replaced many critical devices!)
“Good” investment is real estate, eh? Not compared to Gold at least!
Wow Woody!
The current price is a 1/3 of the price 10 years ago. It’s not even that bad here in Florida. I’d say now houses that were $400,000 in 2007 are now selling for $250,000… but that’s still more then 1/2 the original price. Your real estate market has really taken a beaten.
Depressing. I calculated how many toz of Au it would have cost me to buy my house in 1998… 266 toz!
At today’s market value… It’s worth: 73 toz… if I’m lucky!
🙁 🙁 🙁
Dow Jones Daily chart
I’m surprised that it didn’t gap up to clear the overhead resistance levels? It was much high in the pre-market, but sold off to even at the open. Now it’s going to be extremely tough to go through the resistance, as opposed to gapping over it.
Sorry to hear that Jim. I expected an UP day on Friday, but not the rally we had. I was only looking for a move to 1130-1135 or so… more like a “pause” day, closing slightly positive.
It took me by surprise too. Now it looks like a move up a little higher is almost certain at this point. If we don’t get it today, then tomorrow will likely move higher. But I’d rather see the move up happen today, and then a reversal (or at least a doji) on Tuesday. Then more selling on Wednesday and Thursday. Don’t know about Friday yet, as that’s another opx day, so they will likely try and pin it where it benefits them the most.
I got bloodied good Friday. Added to some ultra positions not seeing friday as a strong possibility. Now I see continuation through 1160 and not sure where a break wiil come with this continuing lack of volume.
Now, if I could just get a hold of a dwarf, two bottles of cooking oil, and a spatula…….
S&P 500 Futures before opening bell