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CME Housing Futures: disappointment or impatience?
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2006 Jul 10, 3:58pm 27,838 views 248 comments
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Peter P,
I guess our politics just differ a bit. A lot of rich men are partisan zealots on the Republican side, and they're often hypocrites to boot. Soros's political ideology seems coherent and consist for me. I think the Republicans have painted him into a more polarizing figure than he actually is.
Peter P
2006 Jul 13, 10:08am
Now, she hates me.
I have friends with multiple houses in CA and AZ. Now imagine.
Peter P
2006 Jul 13, 10:17am
Peter
Did you suggest to your friends that perhaps it is not the best time to buy?
Did they buy recently?
They have made money in RE before. Why would they listen to a JBR like myself? I did tried.
Did they buy recently?
Yes, some are recent but some are not.
Peter P
2006 Jul 13, 10:19am
But, because I wasn’t excited for her…just cautious…Blahhhhh!
I just can’t fake it!
I have learned to keep it real fake. :)
Peter P
2006 Jul 13, 10:25am
Here’s the worst part.
She USED to be a realtor….so of course she knows everything…..
She said her loan broker said it was a great deal…
My friend does BOTH real estates AND loans. :)
Just don’t want to see bad things happen to good people.
They will survive. Waking up from a dream is no big deal.
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We anticipated the Chicago Mercantile Exchange housing futures and options for months before the market launched. We theorized and debated what impact this market would have on everything from the housing market itself to home builders to mortgage lenders to home owners. We fantasized that someday home prices would be linked to the region's CSI housing index. We discussed ways we could become fabulously wealthy -- or at least a bit safer financially -- by using housing futures.
We even predicted that ETFs that would surely quickly follow in the wake of CME futures and options markets.
What happened? The market is fundamentally sound. It is technically sound. There should be enormous theoretical demand from hedgers and speculators alike. So, where are they?
--Randy H
(For those interested in deeper technical financial discussion, feel free to post here where I'm running a parallel discussion.)
#housing