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	<title>Comments on: North Jersey December Pending Home Sales</title>
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	<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/</link>
	<description>Real Estate, Economics, and Politics</description>
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		<title>By: Stu</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146836</link>
		<dc:creator>Stu</dc:creator>
		<pubDate>Thu, 10 Jan 2008 07:34:02 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146836</guid>
		<description>Your nightly summary.

Sell CFC ASAP. (Don&#039;t report paper gains)

December RE is looking baaaaad.

Try Caffe India.
-----------------

I know someone was interested in Indian RE.

I have read a little about it and the past 2 years would have been a great time as it increased at about 40% annually.  This year the economists predict 30-35% increases, but a slowdown in 2009-2010.  There is no subprime crisis brewing here as all credit requires collateral, often jewelry is used.

The local version of CNBC is a riot.  Their stocks are so volatile that as they announce a 10% gain, the same chart on the screen shows the stock is down 5%.  Fortunately, they don&#039;t cheerlead and although they like to point out the huge daily gainers and major index mileposts like the Sensex hitting 21 earlier this week, they warn the viewer that the market is way overvalued and it&#039;s too late to pull the trigger on buying many of the equities.  It&#039;s kind of refreshing to see.

Otherwise, I had the greatest dessert ever last night in the hotel restaurant.  It was a vanilla bean Kulfe with a wild berry sauce (I think it was rasberry and strawberry). It was probably the best tasting dessert I ever had.

Cheers.</description>
		<content:encoded><![CDATA[<p>Your nightly summary.</p>
<p>Sell CFC ASAP. (Don&#8217;t report paper gains)</p>
<p>December RE is looking baaaaad.</p>
<p>Try Caffe India.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;</p>
<p>I know someone was interested in Indian RE.</p>
<p>I have read a little about it and the past 2 years would have been a great time as it increased at about 40% annually.  This year the economists predict 30-35% increases, but a slowdown in 2009-2010.  There is no subprime crisis brewing here as all credit requires collateral, often jewelry is used.</p>
<p>The local version of CNBC is a riot.  Their stocks are so volatile that as they announce a 10% gain, the same chart on the screen shows the stock is down 5%.  Fortunately, they don&#8217;t cheerlead and although they like to point out the huge daily gainers and major index mileposts like the Sensex hitting 21 earlier this week, they warn the viewer that the market is way overvalued and it&#8217;s too late to pull the trigger on buying many of the equities.  It&#8217;s kind of refreshing to see.</p>
<p>Otherwise, I had the greatest dessert ever last night in the hotel restaurant.  It was a vanilla bean Kulfe with a wild berry sauce (I think it was rasberry and strawberry). It was probably the best tasting dessert I ever had.</p>
<p>Cheers.</p>
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	<item>
		<title>By: njpatient</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146835</link>
		<dc:creator>njpatient</dc:creator>
		<pubDate>Thu, 10 Jan 2008 05:20:43 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146835</guid>
		<description>304
What chi said</description>
		<content:encoded><![CDATA[<p>304<br />
What chi said</p>
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	<item>
		<title>By: njpatient</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146834</link>
		<dc:creator>njpatient</dc:creator>
		<pubDate>Thu, 10 Jan 2008 05:02:34 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146834</guid>
		<description>259 pret

That&#039;s nice. Too bad we still die more frequently.</description>
		<content:encoded><![CDATA[<p>259 pret</p>
<p>That&#8217;s nice. Too bad we still die more frequently.</p>
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		<title>By: SAS</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146833</link>
		<dc:creator>SAS</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:45:05 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146833</guid>
		<description>this is one long thread.

SAS</description>
		<content:encoded><![CDATA[<p>this is one long thread.</p>
<p>SAS</p>
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		<title>By: chicagofinance</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146832</link>
		<dc:creator>chicagofinance</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:42:24 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146832</guid>
		<description>I agree with your point the way you worded it the second time.  Please remember, &quot;stupid HR bureaucracies&quot; are not inherently stupid, only if the staff member you are interacting with is stupid.

My wife would be an example of an HR Director that #1 makes your organization more efficient; #2 saves you time and distraction from your primary responsibilities; #3 constantly saves your co-workers and your a55es from being sued and terminated for cause by covering your back....

pretorius Says: 
January 9th, 2008 at 7:35 pm 
I’m simply giving people the benefit of my experience going for a investment job when I didn’t have the conventional pedigree.
n the other hand, the big banks and asset managers still focus on hiring finance and accounting people and teaching them a particular industry. They miss some good candidates with this approach.

pretorius Says:
January 9th, 2008 at 2:12 pm
Mike NJ #14, I recommend targeting smaller investment shops. They have open minds about hiring and aren’t weighed down by stupid HR bureaucracies that screen out many of the best candidates.</description>
		<content:encoded><![CDATA[<p>I agree with your point the way you worded it the second time.  Please remember, &#8220;stupid HR bureaucracies&#8221; are not inherently stupid, only if the staff member you are interacting with is stupid.</p>
<p>My wife would be an example of an HR Director that #1 makes your organization more efficient; #2 saves you time and distraction from your primary responsibilities; #3 constantly saves your co-workers and your a55es from being sued and terminated for cause by covering your back&#8230;.</p>
<p>pretorius Says:<br />
January 9th, 2008 at 7:35 pm<br />
I’m simply giving people the benefit of my experience going for a investment job when I didn’t have the conventional pedigree.<br />
n the other hand, the big banks and asset managers still focus on hiring finance and accounting people and teaching them a particular industry. They miss some good candidates with this approach.</p>
<p>pretorius Says:<br />
January 9th, 2008 at 2:12 pm<br />
Mike NJ #14, I recommend targeting smaller investment shops. They have open minds about hiring and aren’t weighed down by stupid HR bureaucracies that screen out many of the best candidates.</p>
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		<title>By: mikeinwaiting</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146831</link>
		<dc:creator>mikeinwaiting</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:41:22 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146831</guid>
		<description>Group if anyone is ever in Albany NY I have a stop for you Jacks Oyster Bar.Don&#039;t be fooled by the name real nice place. Good food,good prices &amp; the best oysters I have ever had.Right on State St off thruway.Posting from there now.Hanna Montana concert for my little girl( 145 a ticket).Mom &amp; daughter saw concert I drink scotch, good deal.One observation scalpers were stuck with alot of ticket 10 min before show I could have bought for no markup (50)thats without dealing.They misread the market who is going to take their kid in hand to see a show with no tickets.In NJ tickets were from 1000-1500 at Newark concert.So I&#039;m in Albany at a hotel.</description>
		<content:encoded><![CDATA[<p>Group if anyone is ever in Albany NY I have a stop for you Jacks Oyster Bar.Don&#8217;t be fooled by the name real nice place. Good food,good prices &amp; the best oysters I have ever had.Right on State St off thruway.Posting from there now.Hanna Montana concert for my little girl( 145 a ticket).Mom &amp; daughter saw concert I drink scotch, good deal.One observation scalpers were stuck with alot of ticket 10 min before show I could have bought for no markup (50)thats without dealing.They misread the market who is going to take their kid in hand to see a show with no tickets.In NJ tickets were from 1000-1500 at Newark concert.So I&#8217;m in Albany at a hotel.</p>
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		<title>By: Aaron</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146830</link>
		<dc:creator>Aaron</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:34:53 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146830</guid>
		<description>CFC-- one last thing. (sorry for stock advice on the boards)
If they close below 5 they are going to get hammered! You cannot buy stocks under 5$ on margin... if they close under 5 the institutions will drop them like a hot potato.
Take your 10% and consider yourself lucky, they almost didn&#039;t make it today.</description>
		<content:encoded><![CDATA[<p>CFC&#8211; one last thing. (sorry for stock advice on the boards)<br />
If they close below 5 they are going to get hammered! You cannot buy stocks under 5$ on margin&#8230; if they close under 5 the institutions will drop them like a hot potato.<br />
Take your 10% and consider yourself lucky, they almost didn&#8217;t make it today.</p>
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		<title>By: Aaron</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146829</link>
		<dc:creator>Aaron</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:32:50 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146829</guid>
		<description>Clotpoll, 
IT has treated me very well. I went into corporate and then government. I work exactly 9 hour days and get every other Friday off.
The money is pretty decent and I see my kids every day.</description>
		<content:encoded><![CDATA[<p>Clotpoll,<br />
IT has treated me very well. I went into corporate and then government. I work exactly 9 hour days and get every other Friday off.<br />
The money is pretty decent and I see my kids every day.</p>
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		<title>By: Everything's 'boken</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146828</link>
		<dc:creator>Everything's 'boken</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:32:47 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146828</guid>
		<description>I&#039;m just another EE grad working in Finance. Started looking at Quant, but wonder if, considering the recent year&#039;s results whether it isn&#039;t primarily BS like charting and Elliot waves.</description>
		<content:encoded><![CDATA[<p>I&#8217;m just another EE grad working in Finance. Started looking at Quant, but wonder if, considering the recent year&#8217;s results whether it isn&#8217;t primarily BS like charting and Elliot waves.</p>
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		<title>By: pretorius</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146827</link>
		<dc:creator>pretorius</dc:creator>
		<pubDate>Thu, 10 Jan 2008 03:22:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146827</guid>
		<description>About a year ago, I sold a condo that I owned in suburban NJ.

I was shocked when I discovered that the guy who bought it is a flipper.  The only work he did was paint the living room - the same ugly color that I painted over before I put it on the market.

He marked the price up 25%.  The place is still on the market.  After several price cuts, the asking price is down to where I sold it at.

This guy has lost $20,000 and counting.</description>
		<content:encoded><![CDATA[<p>About a year ago, I sold a condo that I owned in suburban NJ.</p>
<p>I was shocked when I discovered that the guy who bought it is a flipper.  The only work he did was paint the living room &#8211; the same ugly color that I painted over before I put it on the market.</p>
<p>He marked the price up 25%.  The place is still on the market.  After several price cuts, the asking price is down to where I sold it at.</p>
<p>This guy has lost $20,000 and counting.</p>
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		<title>By: ithink-ithink</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146826</link>
		<dc:creator>ithink-ithink</dc:creator>
		<pubDate>Thu, 10 Jan 2008 02:42:00 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146826</guid>
		<description>it sucks being gen x.
boomers with 80/20&#039;s holding up the fall.
oh to be genZ... or damien hurst.</description>
		<content:encoded><![CDATA[<p>it sucks being gen x.<br />
boomers with 80/20&#8242;s holding up the fall.<br />
oh to be genZ&#8230; or damien hurst.</p>
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		<title>By: Sybarite</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146825</link>
		<dc:creator>Sybarite</dc:creator>
		<pubDate>Thu, 10 Jan 2008 02:38:51 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146825</guid>
		<description>#296

No, it&#039;s just that there are more doors, with bigger piles of money behind them, for other majors.</description>
		<content:encoded><![CDATA[<p>#296</p>
<p>No, it&#8217;s just that there are more doors, with bigger piles of money behind them, for other majors.</p>
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		<title>By: Duckweed</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146824</link>
		<dc:creator>Duckweed</dc:creator>
		<pubDate>Thu, 10 Jan 2008 02:34:04 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146824</guid>
		<description>Looking at everyone&#039;s post, it appears that a quantitative or science college education is still valuable.  I don&#039;t think these degrees will hold anyone back.  One could stay in the discipline for a PhD if one really loves it and hang in academia or industry.  If not, then you can go to law school, med. school (for bio sci. majors), finances, or other opportunities.

Doesn&#039;t feel that any door is closed to a science major.</description>
		<content:encoded><![CDATA[<p>Looking at everyone&#8217;s post, it appears that a quantitative or science college education is still valuable.  I don&#8217;t think these degrees will hold anyone back.  One could stay in the discipline for a PhD if one really loves it and hang in academia or industry.  If not, then you can go to law school, med. school (for bio sci. majors), finances, or other opportunities.</p>
<p>Doesn&#8217;t feel that any door is closed to a science major.</p>
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		<title>By: t c m</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146823</link>
		<dc:creator>t c m</dc:creator>
		<pubDate>Thu, 10 Jan 2008 02:32:39 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146823</guid>
		<description>#289-  kettle1

thanks for the insight - and advice.  i think it&#039;s a good idea.</description>
		<content:encoded><![CDATA[<p>#289-  kettle1</p>
<p>thanks for the insight &#8211; and advice.  i think it&#8217;s a good idea.</p>
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		<title>By: Lisoosh</title>
		<link>http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146822</link>
		<dc:creator>Lisoosh</dc:creator>
		<pubDate>Thu, 10 Jan 2008 02:09:51 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/01/09/north-jersey-december-pending-home-sales/#comment-146822</guid>
		<description>Oh, and here&#039;s another ex-scientist (physiology and biomedical) although actually I prefer working out of the lab anyway.

Clot - actually you are right about analytical and risk averse, my husband just kicked my behind for always having fabulous ideas and then thinking/procrastinating them to death.
He&#039;s the impulsive one; we&#039;re working to meld the two together into one fully functional unit.

Forgot to mention the other day - UK universities are organized differently than in the US. Except in certain circumstances (Aberdeen, my old school accepts into faculties rather than departments) students join departments and follow a fairly strictly set range of courses. Choices are generally between several of one departments offerings (cognition or child development say in Psychology).
 This means the education is frequently better focused, but the student needs a good idea of what they want to do with their lives from the get go. It also means that while a particular school may be excellent, you also have to look at the departments record. Sometimes a good school is weak in a certain area, sometimes a bad school has one standout department which is well recognized. My old school is a good example - Aberdeen is probably the lower of what are called the &quot;Scottish Ivies&quot;, in part because part of its focus is on providing an education for the more northern areas - the Highlands and Islands. BUT, my old department Biomedical Sciences, is in the top 5 in the country. So if the UK is a serious option, take a really good look all the fine issues.</description>
		<content:encoded><![CDATA[<p>Oh, and here&#8217;s another ex-scientist (physiology and biomedical) although actually I prefer working out of the lab anyway.</p>
<p>Clot &#8211; actually you are right about analytical and risk averse, my husband just kicked my behind for always having fabulous ideas and then thinking/procrastinating them to death.<br />
He&#8217;s the impulsive one; we&#8217;re working to meld the two together into one fully functional unit.</p>
<p>Forgot to mention the other day &#8211; UK universities are organized differently than in the US. Except in certain circumstances (Aberdeen, my old school accepts into faculties rather than departments) students join departments and follow a fairly strictly set range of courses. Choices are generally between several of one departments offerings (cognition or child development say in Psychology).<br />
 This means the education is frequently better focused, but the student needs a good idea of what they want to do with their lives from the get go. It also means that while a particular school may be excellent, you also have to look at the departments record. Sometimes a good school is weak in a certain area, sometimes a bad school has one standout department which is well recognized. My old school is a good example &#8211; Aberdeen is probably the lower of what are called the &#8220;Scottish Ivies&#8221;, in part because part of its focus is on providing an education for the more northern areas &#8211; the Highlands and Islands. BUT, my old department Biomedical Sciences, is in the top 5 in the country. So if the UK is a serious option, take a really good look all the fine issues.</p>
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