Case-Shiller: Beware the Head Fake
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday: The bloodletting may not be over. Here’s…
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday:
The bloodletting may not be over. Here’s why: If price declines accelerate for the mid-to-upper end of the housing market, then that could generate enough large declines in values—even among a small segment of the overall housing market—to push the index lower still.
Meanwhile, here in New York (where there’s plenty of “mid-to-upper” properties) housing prices ticked down another 1.6 percent in April for a total of 21 percent off the June 2008 high, as the chart above shows.
This how you kick someone’s ass! Hardcore PWNING Ghetto Style!
Whuh: “You’ve never met a real hedge fund manager; and you’ve never even been in the office of a real fund. And by real, I mean, in operation for more than five/six years, assets under management of more than a billion.”
GHetto Day Trader: “Our L/S fund here has a record going back to 1993. No, we don’t have more than a billion but we also only have 4 people here.”
“We have 4 people here”????????!!!! This Hedge Fund is operating out of Starbucks!!! Oh Whuh I want to thank you so much for exposing this Jackass! This has made my day, Thanks!
The What (4 people ROTFLMMFAO!)
Someday this war is gonna end..
What, you probably couldn’t afford the furniture I have in that place in the ghetto.
Glad to see you’re back to your old self though. I missed the old What.
Keep working on trying to get that house, Whuh.
Our L/S fund here has a record going back to 1993. No, we don’t have more than a billion but we also only have 4 people here.
Lets take a poll- How many Hedge Fund Managers are considering buying in Bed Stuy????
***Crickets*****
The What
Someday this war is gonna end…
Sure, Dave –I know I don’t have the right to comment on your endless posturing and bragging on here; esp because I don’t manage money for a career. But one last sad try on my part: You’ve never met a real hedge fund manager; and you’ve never even been in the office of a real fund. And by real, I mean, in operation for more than five/six years, assets under management of more than a billion. I’d bet my future house, to which you are not and will never be invited, on it.
I never could have imagined that a thread on Case Schiller could turn out to be so amusing for me today!!!! And I haven’t seen the usual suspect lunatic fringe here except What (who just lurks) and his half sister, Whuh.
Are there anymore Hedge Fund Managers living in the Ghetto?
Yo Son buy SUX, BS, AIG, LEH and BOA! Those things are popping!
The What (“they smell you from a mile away, for the mid market poseur you are” LMMFAO)
Someday this Poseur is gonna end..
I think the definition of PWNED would be living in Lodi, NJ.
“There are surely many visitors who know something about money, and I can safely speak for them, and say, they smell you from a mile away, for the mid market poseur you are.”
OMFG Day Trader In Bed Stuy just got PWNED! LMMFAO Oh man!!!
The What (I’m not worthy Whuh, I’m not worthy)
Someday this war is gonna end…