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#1
posted to rec.boats
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Stock markets up
Way up. Looks better in the last 5 days than it has in the lad 5 years, or longer...
http://www.cnbc.com/2017/01/25/us-markets.html From CNBC no doubt |
#2
posted to rec.boats
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Stock markets up
On Wed, 25 Jan 2017 11:22:26 -0800 (PST), Tim
wrote: Way up. Looks better in the last 5 days than it has in the lad 5 years, or longer... http://www.cnbc.com/2017/01/25/us-markets.html From CNBC no doubt === It has been said that a rising tide floats all boats, and this tide has been rising pretty nicely. It's important, however, to remember where the exits are when the market starts getting overheated. |
#3
posted to rec.boats
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Stock markets up
3:40
On Wed, 25 Jan 2017 11:22:26 -0800 (PST), Tim wrote: Way up. Looks better in the last 5 days than it has in the lad 5 years, or longer... http://www.cnbc.com/2017/01/25/us-markets.html From CNBC no doubt === It has been said that a rising tide floats all boats, and this tide has been rising pretty nicely. It's important, however, to remember where the exits are when the market starts getting overheated. ..... Oh I agree! Always be a bit leery, but this is a good sign of optimism and opportunity. I hope it rides well. |
#5
posted to rec.boats
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Stock markets up
On 1/26/2017 8:23 AM, justan wrote:
Wrote in message: On Wed, 25 Jan 2017 16:40:19 -0500, wrote: On Wed, 25 Jan 2017 11:22:26 -0800 (PST), Tim wrote: Way up. Looks better in the last 5 days than it has in the lad 5 years, or longer... http://www.cnbc.com/2017/01/25/us-markets.html From CNBC no doubt === It has been said that a rising tide floats all boats, and this tide has been rising pretty nicely. It's important, however, to remember where the exits are when the market starts getting overheated. I am a little sorry I took the triple on my drywall company(EXP), It is up 7 more bucks since a month ago when it traded. My IBM is looking good and Buffett says it still has upside potential. T Boone's nat gas truck company (CLNE) has tanked. I may use it to wash something else if I take something else off the table. I am still waiting to see if this Trump thing is real. Drywall shortages are slowing housing construction. At least in my neck of the woods. Wasn't there some kind of health risk problem that arose a few years back when construction companies started using sheetrock manufactured and imported from China? |
#6
posted to rec.boats
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Stock markets up
On Thu, 26 Jan 2017 02:00:34 -0500, wrote:
I am still waiting to see if this Trump thing is real. === Like all big market rallies, it's real until it isn't. When your friends and neighbors start talking about their profits, that's a sure sign the market is over heated. Another sign is magazine articles and newspaper headlines. |
#7
posted to rec.boats
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Stock markets up
On Thu, 26 Jan 2017 08:52:28 -0500, "Mr. Luddite"
wrote: Drywall shortages are slowing housing construction. At least in my neck of the woods. Wasn't there some kind of health risk problem that arose a few years back when construction companies started using sheetrock manufactured and imported from China? === Yes, it was a huge problem in high humidity areas like Florida. The Chinese drywall had a high sullphur content which released sulphuric acid vapor under the right conditions. That was not only a health hazzard but also corroded copper wiring and pipes. The only remediation was to strip out all of the drywall and rebuild the interior, a very expensive proposition as you can imagine. |
#8
posted to rec.boats
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Stock markets up
10:06
On Thu, 26 Jan 2017 08:52:28 -0500, "Mr. Luddite" wrote: Drywall shortages are slowing housing construction. At least in my neck of the woods. Wasn't there some kind of health risk problem that arose a few years back when construction companies started using sheetrock manufactured and imported from China? === Yes, it was a huge problem in high humidity areas like Florida. The Chinese drywall had a high sullphur content which released sulphuric acid vapor under the right conditions. That was not only a health hazzard but also corroded copper wiring and pipes. The only remediation was to strip out all of the drywall and rebuild the interior, a very expensive proposition as you can imagine. ...... I believe I read that some of it contained Formaldehyde as well... |
#9
posted to rec.boats
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Stock markets up
On Thu, 26 Jan 2017 08:52:28 -0500, "Mr. Luddite"
wrote: On 1/26/2017 8:23 AM, justan wrote: Wrote in message: On Wed, 25 Jan 2017 16:40:19 -0500, wrote: On Wed, 25 Jan 2017 11:22:26 -0800 (PST), Tim wrote: Way up. Looks better in the last 5 days than it has in the lad 5 years, or longer... http://www.cnbc.com/2017/01/25/us-markets.html From CNBC no doubt === It has been said that a rising tide floats all boats, and this tide has been rising pretty nicely. It's important, however, to remember where the exits are when the market starts getting overheated. I am a little sorry I took the triple on my drywall company(EXP), It is up 7 more bucks since a month ago when it traded. My IBM is looking good and Buffett says it still has upside potential. T Boone's nat gas truck company (CLNE) has tanked. I may use it to wash something else if I take something else off the table. I am still waiting to see if this Trump thing is real. Drywall shortages are slowing housing construction. At least in my neck of the woods. Wasn't there some kind of health risk problem that arose a few years back when construction companies started using sheetrock manufactured and imported from China? Yup and Florida was ground zero for the problem. Fortunately the company my wife built for owned Eagle, so they dodged that bullet. I did do some drywall surveys if anyone is interested about what chinese drywall was all about. http://gfretwell.com/ftp/Chinese%20Drywall/ |
#10
posted to rec.boats
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Stock markets up
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