About tr6


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In United States
Registered Jul 29, 2011

tr6's most recent comments:

  • On 25 Jan 2015 in Buy a house now or wait? (San Diego), tr6 said:

    With interest rates where they are right now, you might already be late for the spring buying season, it's going to be crazy with super low inventory and even lower rates. I would say that if you don't have a specific place in mind, I would wait till the fall.

    Unlike bay area, San Diego county only went up 4.8% last year so it's not too much considering a huge move down in rates. If the rates move as much down this year as they did last year, we will end the year with 30 year mortgage rates below 3%. It seems unlikely.

  • On 25 Jan 2015 in I'm liquidating all my stocks and going to cash, tr6 said:

    iwog says

    Big systemic market changes like this one rarely resolve in less than a few years.

    Agree. The biggest change was 10 year forwards going from north of 200 in 2008 to 60 or low 70s now.

    The change is deflationary for most goods and services that have oil input such as agriculture and airlines. For example I already see SFO to Houston flights for less than $200 in comparison to $450 plus last year. Some airlines will hold out but eventually they will drop prices.

  • On 25 Jan 2015 in I'm liquidating all my stocks and going to cash, tr6 said:

    Graybox says

    Zero indication UCO is going up. I might suggest letting OIL products in general show at least some confirmation of a bottom before entering otherwise you sit on your capitol.

    There was zero indication that oil would drop from 100 to 45 in six months. Very few people played the oversupply story right. There might be a a fall in front month contract below 40 but this is not 2009 yet.

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