Do you practice market timing? How?

Newbie · Member

I would be happy if people cou?ld share
their own experience, what they do and has it worked?

From what I understand, the market is looking up if prices a?re above
some average (over small number of days, say 25. just exampl?e). It is
looking down if prices are below another average (over many ?days, say
250, again just example).

Not sure what it means or what you do if it is between the t?wo.

PeterL · Member

That's way too simplistic. If you are really interested in ?timing, you need
to read a couple of books on technical analysis. I personal?ly don't use
this method.

Online_Traveller · Member

Timing in life and investments is all:-) The thing of it is? is that the
U.S. Fed FOMC is raising interest rates and that's the thing?. Now is a
great time to sell your house and make alot. A piece of utt?er crap on my
block is now worth just about a million. I can't believe I'?m living to see
this but I am. It's utterly unbelievable and I don't really? know where in
the hell buyers are getting the money to buy, but they are ;?-) Where are
the real estate buyers getting all this money? That's the 6?4 million dollar
question.

Make no mistake, timing is all. The devil is in the details? Wink

Rates are
rising and you can follow all the excitment here:
http://www.federalreserve.gov/FOMC/

Rate rise history:

First: June 2004 to 1-1/4 percent
Second rise: August 2004 to 1-1/2 percent
Third rise: September 2004 to 1-3/4 percent
Fourth rise: November 2004 to 2 percent
Fifth rise: December 2004 to 2-1/4 percent

House prices still haven't gone nuts, as odd as that might s?eem, but they
haven't. That's still about to happen at some point over th?e next 1 to 2 to
3 years depending on how fast the U.S. Fed FOMC decides to r?aise rates going
forward and cause a house buying panic as folks rush to buy ?before things
get "too expensive". LOL Like I said, I can't believe I'm ?seeing what I'm
seeing around me. It's amazing and I'd have to say this is ?once in a
lifetime event that a piece of utter crap house that should ?be trashed is
selling for just shy of a cool million bucks. Wow.

Timing is everything:-)

TABTrader · Member

>Timing in life and investments is all:-) The thing of it i?s is that the
>U.S. Fed FOMC is raising interest rates and that's the thin?g. Now is a
>great time to sell your house and make alot. A piece of ut?ter crap on my
>block is now worth just about a million. I can't believe I?'m living to see
>this but I am. It's utterly unbelievable and I don't reall?y know where in
>the hell buyers are getting the money to buy, but they are ? Wink

Where are
>the real estate buyers getting all this money? That's the ?64 million dollar
>question.

I agree and wonder too. Even with 'cheap money' = low intere?st rates.
There still has to be a sufficient backing capital or liens ?on
property to take on a 500 -> 750k loan. Wondering what the s?ource of
this money is and who is doing the buying, so I can monitor ?when that
tap is shut off more closely. If you come up with some leads? or anyone
else does, please let me know.