Case-Shiller: More Stable But Not Good

The data as presented above is useless. It all depends upun the rate of acceleration, whether that is rising or falling.

BHO, get out a calculus book and look up first & second derivatives.

Report back when you learn something.

**500,000**

DCB, learn something before you post. The numbers posted above are useless without context.

This is high school math.

I'm also glad that New Home Sales continue to disappoint. We don't need new homes anywhere.

chicken, the raw data for that chart is as follows:

April 170.67
May 171.16
June 172.36
July 174.16
Aug 175.48
Sept 175.32
Oct 174.97
Nov 173.24

Your conclusion about the rate of change still in decline was wrong beginning in May. yes, Oct 7 Nov have broken that trend but to anyone looking at the chart, the overall steep decline from the peak has certainly abated.

Thanks for that link though. I've been looking for a way to get BBRG charts up on here!!!

Minard...just within the context of the previous data...the chart that chicken put up

Look at the chart, DCB, the rate of change has levelled off and the absolute prces have essentially levelled off in the 173-175 range. Is it that hard to see???????

If the NYC CS number was 174 in July and was 174 in Oct and 173 + in Nov then there's been no further decline.

How hard is this to understand?? Whether or not it's calculus or algebra, you still miss the point. A derivative is still a derivative.

Look at the raw numbers that I posted, DCB. Are you really that blind???? They've stopped declining for the most part.

The high was 215 in June 2006. It dropped to 170.67 in April 2009 and has risen to the 173-175 level.

Which part of this is too difficult for you to understand????

Coincidentally, that's the same time the US stock market began to rally. Go figure!!!!!

And the overall numbers for the 20 largest metropolitan cities look the same...

Peak...July 2006...206.52

LowApril 2009...139.25

And now four straight months above 146.

These are the facts

Look at the chart, Steve. It doesn't get much clearer that things are not getting any worse....

http://imgur.com/ntYmQ

"You are inferring things about the future that may or may not occur. Hope is not the same as fact."

Apparently so are you!!!

I don't really care at all about the short term housing prices. I have also pointed out since early 2009 that the stock market and the Leading Indicators were beginning to rally and that this would be a rally not to be missed. I have more than made up in the stock market for any decline in price that my houses have suffered.

So, I may be dull but I'm happy dull.

I am not hopeful of prices rising soon. I never said that. I have predicted, going on some 5-6 months that prices for brooklyn brownstones would bottom around year-end 2009 and it looks like they are.

I welcome hearing any predictions that you might like to make, DCB or are you unable to formulate any??? Who is really the dull one here, me with my predictions or you just sitting there telling me I'm wrong??? Laughable, really!!!!

And no where did I ever say prices would not decline. You have me confused with someone else.

Steve...we shorted the yen and then covered it. i want to short the Yen (YCS) again soon as it becomes clear that the dollar may strengthen. Obama has not been good for that lately. if the rhetoric is toned down in the speach tonigh, the dollar will strengthen but THAT'S NOT A BET I'm willing to make ahead of Obama's speech.

If Yen breaks 88 it goes to 86 and maybe then you short it.

It's too tough to call right now because politics are involved.

The Euro is all a call on Greece & Spain. The move from 1.50 to 1.40 in such a short period of time is also unprecedented. But since it now hinges on greece & Spain, it's a very risky bet and one that we've stepped away from

Still buying japan here. The orderliness and "western style" bankruptcy of JAL was a really good thing. Japan is very, very cheap.

Here's the chart, DCB.

http://imgur.com/ntYmQ

Move on.

They've bottomed, BHO. Just because this doesn't fit your "world view" doesn't mean it hasn't happened.

Get off the fence.

LOL, chicken...that's giving BHO & DCB a woody. I can see them printing that and jacking off to it!!!!!

That chart is even uglier than DIBS's comments about his romantic life.

Posted by: DeadCatBounce at January 27, 2010 11:59 AM

Bitter, DCB???? Keep your remarks about your lack of a sex life to the OT, not in the these other threads. Your lack of class is beginning to show.

Let me give you a word of advice about your investing activity and your interest in buying a house. If you have your money in the stock market and you're also planning on using that same money to buy a house you are making one of the biggest mistakes of all time.

DIBS is fantasizing about me jerking off again. Blech!

Posted by: DeadCatBounce at January 27, 2010 12:01 PM

Hardly. No pun intended.

Just trying to help you out, DCB.

"Let he who has not sinned cast the first stone."

You seem to be the arrogant one.

I started out by pointing out by saying the data was useless without the history and that when you look at the recent history, the slope of the graph indicates to the naked eye that the numbers have bottomed.

DCB comes in with some sort of holier than though prognostications as to whether this is algebra or calculus and proceeds to launch a personal attack.

Sad, really.

Saying that I am jerking off to a chart, now that is a personal comment. And sexual harrasment.

Posted by: DeadCatBounce at January 27, 2010 12:42 PM

We don't have an HR department here on the blog.

I didn't see the box to input "Moral Obligation" or the output number as to "Damage to Credit Rating"

Thanks for the input, Whuh. Got any comments on the subject thread or are you just here as an armchair psychologist???

Secondly, do you really think I actually give a shit???

Hamptons home sales jumped 59% in Q4 from a year earlier and the median price rose 4.9% according to Miller Samuel.

This of course cannot be construed as factual in an any way, shape or form.