Sick As A Dog
Sorry for lack of posting. Im sick as a dog over here, fever and all, and feel like sh*t. I was going to work on a piece describing the tick up in deals and the relation to equity market rally that seemed to boost confidence for buyers. Combine the first wave down to the comfort zone with a 12 week 40% rally in stocks, and buyers feel more comfortable pulling the trigger. I can't do the piece today because frankly, my head is all cloudy and Im not thinking straight. Anyway, I asked Toes to discuss her big time pickup in deals and where transactions seem to be taking place. She confirmed the high end nature of this slowdown with varying price adjustments based on price point. I am seeing the tick up too, in line with the pyramid range of adjustments I discussed before. When Q2 data is released, YES, expect a solid tick up from the frozen and very slow Q1. I just advise to use caution when using this tick up to declare a bottom or recovery for reasons I discussed here in detail in past weeks. You know brokers and media will see this report and go nutz with it! Will get back to writing when I feel better.
Posted by Former Seller
Tue Jun 2nd, 2009 02:36 PM
Get well soon Noah! Will look forward to your commentary when you're well again.
Posted by In Debt We Trust
Tue Jun 2nd, 2009 02:53 PM
Get better soon!
Posted by OT
Tue Jun 2nd, 2009 03:39 PM
Feel better, Noah.
Posted by Noah
Tue Jun 2nd, 2009 04:39 PM
thanks guys...doc thinks I got flu, fever is 100.8 and I feel like dog poo. ugh, hate being sick. makes you realize that health really is the most important thing. on tamiflu.
Posted by Nobi
Tue Jun 2nd, 2009 05:10 PM
Feel better!!
Posted by Otto
Wed Jun 3rd, 2009 09:30 PM
hope you are feeling better soon!