Superbowl Sunday Steal - 36 Nor-Tech
02-28-2009, 07:34 AM
#61
With 3600 Supercats below 200K, T/S TG's at 100K, 30 Mystiques with blue motors at 70K makes you wonder where the bottom is?
Blume seems to be the only guy that doesn't realize the bottom has dropped out of the boat market!
Seriously, I spoke with a longtime boat dealer recently and they are scared to death to take a trade for this exact reason. He said, even if you steal it you might lose big on it based on how long it takes you to sell it. They will now only take trades on new boats, obviously because the profit is there on the new boat to absorb any loss incurred on the trade.
Blume seems to be the only guy that doesn't realize the bottom has dropped out of the boat market!
Seriously, I spoke with a longtime boat dealer recently and they are scared to death to take a trade for this exact reason. He said, even if you steal it you might lose big on it based on how long it takes you to sell it. They will now only take trades on new boats, obviously because the profit is there on the new boat to absorb any loss incurred on the trade.
02-28-2009, 09:13 AM
#62
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Question for the board... Whats more scary..... The unbelievable price its selling for or the fact that even at this low price it still has not sold?????
02-28-2009, 09:15 AM
#63
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With 3600 Supercats below 200K, T/S TG's at 100K, 30 Mystiques with blue motors at 70K makes you wonder where the bottom is?
Blume seems to be the only guy that doesn't realize the bottom has dropped out of the boat market!
Seriously, I spoke with a longtime boat dealer recently and they are scared to death to take a trade for this exact reason. He said, even if you steal it you might lose big on it based on how long it takes you to sell it. They will now only take trades on new boats, obviously because the profit is there on the new boat to absorb any loss incurred on the trade.
Blume seems to be the only guy that doesn't realize the bottom has dropped out of the boat market!
Seriously, I spoke with a longtime boat dealer recently and they are scared to death to take a trade for this exact reason. He said, even if you steal it you might lose big on it based on how long it takes you to sell it. They will now only take trades on new boats, obviously because the profit is there on the new boat to absorb any loss incurred on the trade.
02-28-2009, 10:11 AM
#64
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wait until next week , you think the stock market was bad this week , the SPX will visit the 6's.. blew right threw 740 in pre market yesterday..
-GDP double estimates ,677k more unemployed, i could go on and on..
only reason the market didn't explode was window dressing for the books...
next week will be bloody ..FAZ will see 80+
PPT can't hold it up forever....
Last edited by open87; 02-28-2009 at 10:13 AM.
02-28-2009, 05:56 PM
#65
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iTrader: (1)
wait until next week , you think the stock market was bad this week , the SPX will visit the 6's.. blew right threw 740 in pre market yesterday..
-GDP double estimates ,677k more unemployed, i could go on and on..
only reason the market didn't explode was window dressing for the books...
next week will be bloody ..FAZ will see 80+
PPT can't hold it up forever....
-GDP double estimates ,677k more unemployed, i could go on and on..
only reason the market didn't explode was window dressing for the books...
next week will be bloody ..FAZ will see 80+
PPT can't hold it up forever....
We aren't on the yahoo finance message boards so I'm thinking not more than a few here are going to know the FAZ from the FAS from the UYG.
02-28-2009, 07:44 PM
#66
You won't come out ok unless the dealer/broker has your boat sold before they take it on trade.......
03-01-2009, 09:56 AM
#68
Registered
wait until next week , you think the stock market was bad this week , the SPX will visit the 6's.. blew right threw 740 in pre market yesterday..
-GDP double estimates ,677k more unemployed, i could go on and on..
only reason the market didn't explode was window dressing for the books...
next week will be bloody ..FAZ will see 80+
PPT can't hold it up forever....
-GDP double estimates ,677k more unemployed, i could go on and on..
only reason the market didn't explode was window dressing for the books...
next week will be bloody ..FAZ will see 80+
PPT can't hold it up forever....
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