tag:blogger.com,1999:blog-2335748440449035592.post6507788732365882446..comments2008-07-31T14:17:49.085-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-12906903886097432942008-07-31T14:17:00.000-04:002008-07-31T14:17:00.000-04:00I've been in and out of SRS and SKF. But, neither really seems to respond in any logical fashion lately. I think everyone **feels** that the financials have bottomed and therefore everything is right with the world of real-estate. <BR/><BR/>At present, I've got both SKF and SRS on a buy trigger if the +DMI crosses above the -DMI on an hourly basis and exit on the round trip with a 3% stop from the Entrypoint. Unfortunately, I'm using TDAmeritrades's StategyDesk and it's kind of a crippled toy. <BR/><BR/>At any rate, yesterday's weird market with oil up and market up just goes to show how schizo' everything is. Maybe we really are consolidating into a bottom.<BR/><BR/>jegan ;-)jeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-8925624146739066062008-07-31T11:00:00.000-04:002008-07-31T11:00:00.000-04:00Q you nailed it. Kass is on this one as well. Canary in coal mine. We always have said banks first, commercial real estate 2nd. <BR/><BR/>It wont be as bad as residential real estate but the commercial real estate is immune theory is a joke.<BR/><BR/>What concerned me about CBG is the weakness is global. That is sort of frightening.<BR/><BR/>Regional banks will be taking a bath on the commercial loans<BR/><BR/>After the current Kool Aid passes that is.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-27135719880797361972008-07-31T10:24:00.000-04:002008-07-31T10:24:00.000-04:00Good Morning,<BR/><BR/>Ahh back in the crazy market that has no memory from one day to the next. <BR/><BR/>For those in SRS or negative on the economy there maybe an interesting tell to changing market conditions. <BR/><BR/>Such is the case for CB Richard Ellis Group (CBG), a worldwide leader in commercial real estate advisory services. <BR/><BR/>CB Richard Ellis' had a bad miss and was that the first-quarter 2008 weakness, which was then restricted to the U.S. commercial real estate market, is now spreading across all the company's geographic regions. <BR/><BR/>There are growing concerns of a weakening non-residential real estate market, loan losses in this market could be the next banking shoe to drop. Keeping an eye on this.Qhttp://www.blogger.com/profile/14433765635925628922noreply@blogger.com