-warning from the US ? A report in Market Oracle in the housing markets section says the Market Vectors REIT Real Estate ETF code MORT is down this year.I checked and since April it fell 21%.Which might tie with the rise in the same period of US 10 year bonds.Now at around 2.93%.GL
nice input as usual nice to know you are still there my Spanish mining stock is in the doldrums you would think they would move mountains to create jobs and boost exports but the habit of manyana persists
It was an analogy - the price isn't important. The point was, if house prices become so inflated that people can't afford them then the stock will depreciate. It may be avoided however (if employment and wages rise) this depends however upon many outside influences, making the sector unstable. If things go right then money will be made, if not it could be lost, hence the volatility. Long term it looks OK though especially for long term holders. The only thing stopping others is the present conditions. If things go right this will go through the roof, but be prepared for outside influences that could distract.
MM = Market makers. They try to use there share holdings to manipulate the market... One trick is by selling shares at a low price to depress the stock and then buy back at a lower price, increasing there holdings...
maybe but GFRD and PSMN all much stronger today than TW and trading at a big premium which does not make alot of sense given the sector matrics. Bond markets are also playing an idiotic hand trying to game the central banks. eventually they will get burned as Bernanke has had enough just like Draghi did and fried a few of the muppets.
Glad to hear you are well. Do not think we will move much until cinders gets his hammer out again and bashes a few subbies!! A lot of water has slipped under the bridge since this was bobbing about at around 25p. CM is ok to. Glad to see you are moving in the right direction. All mine are in my isa now so its just a feet on the desk job...
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.