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#1 DrBubb

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Posted 08 August 2017 - 10:11 AM

: PHILAPRIME.Com : ...... : Gateway page to PhilaPrime's threads ...

 

DATA : MAPS : Case : NeighborhoodsWestPh : WayneJ : NPhila : Skysc : Oppty : Equities : Condo? : ssc : PP :

EJZBTVm.png

Other: SSC : 30thSt : CcTwr : / GoWeb : priv :

 

gvcYxbQ.png > view Data

 

CHAT with others about the possible slowdown of the Condominium market / on the CONDO? thread,
(To become a member and Join the discussion here, scroll down to post #3, below)

==========================================

Why Philadelphia is a Prime target for investors

+ One of America's most walkable cities, with a good public transport system.
+ Key strategic location on the East Coast, and good universities and strong healthcare expertise.
+ Property is far more affordable than NYC, Boston, Washington; Yields are much better, like 2x, on average.
Now with steady job growth and a rising population and more office space, Rents and Property prices are rising again, hitting new highs. Gentrification is occurring along many of the transport links.

 

br9lW7p.png

Summary GUIDE to the principal Threads in the PHILA Prime section of the larger GEI Forum

 

This is the Landing page - the jumping-off point to many PP threads

 

Threads : those with restored images are marked with an asterisk below
ALL are in GEI's PHILAdelphia Property sub-forum : how to Join, see post #3, below

 

PHILAPRIME.Com (Gateway page & Links)*
=============== :  views  :
PP Landing Page- : 00,013 : http://www.greenener...showtopic=21632

DATA, Charts, etc. : 00,607 : http://www.greenener...showtopic=21331
MAPS, Transport- : 00,513 : http://www.greenener...showtopic=21332

Case: Ph.Property: 07,896 : http://www.greenener...showtopic=19729
Neighborhoods---- : 17,727 : http://www.greenener...showtopic=20036
Phila opportunities : 17,074 : http://www.greenener...showtopic=19682
====

 

W-Philly, Balt. Ave : 00,488 : http://www.greenener...showtopic=21427
Wayne Junction--- : 05,249 : http://www.greenener...showtopic=20655
Key Phila Equities : 00,236 : http://www.greenener...showtopic=21415

Phila Skyscrapers : 00,200 : http://www.greenener...showtopic=21546
Condos still good?: 00,112 : http://www.greenener...showtopic=21547
===============

 
SADLY, I recently lost many hundreds of  images - the restored threads are marked by an *asterisk.http://www.greenener...showtopic=21686


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#2 DrBubb

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Posted 08 August 2017 - 01:51 PM

Cycles suggest next major High, maybe 2025-6

 

The 18-year Long Cycle in pictures - it is also reflected in the timing of new construction.

A short 1-2 year dip could be due soon - "the mid-Cycle correction" can start this year.

 

B91ztVk.jpg

 

Philadephia%2C_Pennsylvania.jpg

A Vintage postcard, showing the 1930's skyline. Note the prominence of City Hall.

 

NX5iTmh.jpg

Philly's skyline in 1989 at an 18-year Cycle Peak. The construction of new skyscrapers had begun - after a long pause.

 

JECC0k3.jpg

Philadelphia's night time Skyline, circa 2017.  New skycraper growth is evident everywhere.

 

iqXDDbz.jpg

Philadelphia City Hall. Philly still has many classic buildings, reflecting its rich history. The William Penn statue had a special significance.

Designed to be the world's tallest building, it was surpassed during construction by the Washington Monument and the Eiffel Tower, though it was at completion the world's tallest habitable building. It was the first modern building (excluding the Eiffel Tower) to be the world's tallest and also was the first secular habitable building to have this record: all previous world's tallest buildings were religious structures...

 

XPW8Ge0.jpg

One Liberty Place towers over City Hall

City Hall was the tallest in Philadelphia from 1901 until 1987, when it was surpassed by One Liberty Place ending an unspoken, gentlemen's agreement that limited the height of buildings in the city to be no higher than William Penn's hat atop City Hall.

> https://en.wikipedia...lphia_City_Hall

 

mzVVq5Q.gif

CYCLES ?? assuming fixed 18 year cycle (theoretical)

1901 : Phil City Hall completed
1919
1937
1955
1973
1991 / 1989 : see chart above, One Liberty Place was completed in 1987, two years prior to the cycle peal
2007 : US Property cycle peaks

====

> For more cycle charts, see the Condo? thread.


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#3 DrBubb

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Posted 08 August 2017 - 02:50 PM

How to JOIN the Discussion on threads here - It's Free

To join the chats & the community at PhilaPrime, ... and also participate in the various GEI forums

 

PLEASE SAY HELLO

And let us know what brought you here, and what you like

 

XENh7oz.jpg

 

Why don't some of the (new) readers try joining GEI, and give me some comments on what you like,

 

Here's how to join GEI : see post #2 on the following thread:

http://www.greenener...showtopic=19143

Go Read the instructions in post #2 of the GEI Landing page.

(However to get past security, you will need to be able to answer a question concerning Dr B's favorite animal.

Hint: the answer is not an animal at all it is THIS GUY, "Admiral Byrd", spelling the name with a "Y", and not an "I")

 

You might also consider joining one of the Meet-up groups that GEI, MakatiPrime, and PhilaPrime members participate in.

 

((  Meet-up suggestions may be added here later ))

Meet-ups in the Philippines have attracted as many as 22 people - there are over 50 people on the Philiippines Viber chat

 

Membership to the PhilaPrime forums on GEI is free, and once you have joined, you can post on the Forums here.

 

You may want to make your first post on the special Forum (to introduce yourself, & talk freely):

 

+ PRIVATE CHAT for Philadelphia : Introduce yourself, & Free-form discussion

   (( The thread is Not yet available ))

 

* ( the Chat thread was moved to a private area, that the public / non-members cannot see )


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#4 DrBubb

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Posted 14 August 2017 - 03:08 AM

The Case

==========

Philadelphia is a Prime target for investors
+ One of America's most walkable cities, with a good public transport system.
+ key strategic location on the East Coast, and good universities and strong healthcare expertise.
+ much property is far more affordable than NYC, Boston, Washington; Yields are much better, like 2x, on average.
Now with steady job growth and a rising population and job growth, Rents and Property prices are rising again, hitting new highs. Gentrification is occurring along many of the transport links.

 

Longer Version

============

Why Philadelphia is a Prime target for investors
Philadelphia lost 1/3 of of its population from 1946-2000, but it retained a good public transport system.

Also; a key strategic location on the East Coast, and good universities and strong healthcare expertise.

By 2000, much property in the city was priced far below replacement value of maybe $125 per sq foot.

Beginning in about 2000, the population began growing again, at maybe 1% per annum. Jobs began to

increase, and young people who had gone to Universities in PH decided they wanted to stay in the city

and enjoy its urban culture, its transportation system and PH's extreme walkability. Prices were also far

below other East Coast cities such as NYC, Boston, and Washington, and so property was affordable,

even for some recent graduates in their twenties.

Now with rising population and job growth, Rents and Property prices are rising again, hitting new highs.

New home construction is occurring in many parts of the city, where prices are high enough to pay for the

land, and the price of new construction.  Gentrification is happening along many of the transport links.

 

MORE...

Philadelphia Story - the Case for Property investing

> http://www.greenener...showtopic=19729


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#5 DrBubb

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Posted 11 September 2017 - 06:59 AM

Renewed thread !

I have restored the LOST images, on the CASE thread, one of the most popular threads here: (over 8,000 views)

Philadelphia Story - the Case for Property investing

 

The Philadelphia Story / argument for investing summarized, this way:
 
+ Philly's population has been growing at about 1% per annum, since 2000
+ Vacancies are near 5%, and decent places rent out quickly
+ Jobs are growing, and there are (at least) four new office skyscrapers under construction
+ The management guarantee is "net" of all costs, and the company has meaningful equity
(For a particular investment, this is what we are told, and have had confirmed by experience)

 

Have a look - here's a post with links to Videos which help to make the case

 

The secret of restoring prosperity in Philadelphia : Minimize the need for cars,
and build a high quality of Life that does not require driving, as in NY City

/ 1 /

Andrés Duany - The General Theory of Urbanism

Published on 30 Jul 2014

 

Andrés Duany, founding partner of urban planning firm, Duany Plater-Zyberk & Company, presents the General Theory of Urbanism at Hertfordshire, UK. Introduction by Lord Salisbury. This lecture remarks upon the extraordinary persistence of Howard's Garden City idea. After demonstrating how this idea contains the golden mean of all positive urban and rural traits, Andrés completes and updates Howard’s paradigm, and proposes its use in the planning profession as a Standard Model from which deviations are numerically measured. This paradigm is then tested on six diverse Hertfordshire communities, and finally applied in a case study of the transformation of Stevenage, with remarkable results.

The General Theory of Urbanism Book is available for free download for a limited time here:

 

/ 2 /

My favorite architect
Andres Duany: Principles of New Urbanism

Duany explains New Urbanism, & how it is propelled by:
+ the market-what people want : shops, schools, work w/in walking distance
+ nimbyism : we could get permits, when others could not
+ health (physical & mental) : more exercise, less isolation with communities
+ green movement : closer to nature, less need for huge highways

"We are not against Houses.  but houses have to be attached to a system."
"To accommodate cars, some planners made walking impossible"

"Empty nesters are moving back downtown, because they prefer walkable living"

 

/ 3 /
Here's what Andreas Duany said:
"A car is a necessity in most of America... otherwise you have no career or social life... 

The estimated cost of a car is $9,000 a year... We have been designing a country, where we must have a car, and so we cannot afford housing.  For each car you do not buy, you can afford another $100,000 of housing."

He said this in this video with his vision of the Future:

FUTURE MAN - Andrés Duany Gives the Lecture of a Lifetime (unfortunately, the Video was deleted)

He drove in from the airport, and saw many suburban areas that are sliding... becoming future slums.
(Suck it up, you die-hard suburbanites.  Maybe you should rethink your future, before it catches up with you.)

==


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#6 DrBubb

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Posted 20 September 2017 - 05:30 PM

... ...
Gold prices were relatively unchanged after U.S. consumers bought fewer pre-existing homes in August, according to the latest report from the National Association of Realtors (NAR).

Existing home sales shocked with a drop of 1.7% last month to a seasonally adjusted and annualized rate of 5.35 million units, compared to July’s annualized rate of 5.44 million homes, the association said on Wednesday.

This marked the lowest level in twelve months. Economists were expecting to see a 0.3% advance to 5.46 million units.

 

PHM / Pulte Homes - could topping out - it has been a bellwether for builders - and tends to lead house price ... 12mo :

DLtxYAa.png

. . .

The median price for all existing-home types in August was $253,500, up 5.6% from last year, which marked the 66th straight month of year-over-year gains. At the same time, the association said that total inventory as of the end of August declined 2.1% to 1.88 million existing homes available for sale.

"Market conditions continue to be stressful and challenging for both prospective first-time buyers and homeowners looking to trade up," added Yun.

Many economists warn that rising home prices could potentially pose a serious challenge to future sales.


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#7 DrBubb

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Posted 20 September 2017 - 07:46 PM

WEST PHILLY is Transforming... but there is more change to come (dead ahead?)

 

Markers of Westward Rejuvenation - Three locations on Baltimore Avenue to watch

 

When these get transformed, it will be a sign that rejuvenation is marching Westward

 

TdfvsDg.jpg

Old Buildings at 51st & Baltimore Avenue

The one on the right, and the lot next to it, seem to have already received approval for rebuilding - note yellow signs

 

kbiwtus.jpg

Three buildings on the 5400 block of Baltimore

 

t4TQ5Zi.jpg

Ambassador theatre / to Baltimore Pizza, on Baltimore Avenue
6LwOmlX.jpg

Baltimore Pizza was next to the size showing the intersection of 5500 / 5600 Baltimore Avenue

 

ZJisiDy.jpg

 

 

(Going south, this may be another marker for the spread of rejuvenation):

XAMXxM4.jpg

Apple Storage

 

> west philly thread: http://www.greenener...showtopic=21427


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#8 DrBubb

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Posted 23 September 2017 - 10:34 AM

"CHOP is creating 50,000* new jobs," an agent told us, in one of the conversations we are having.

 

CHOP : U-Penn's Children's Hospital has recently opened a huge & gleaming new building,

within its campus area in University City

 

They are now hiring staff, and this may be one of the important things fueling demand for new properties in West Philly.

Historically, UPenn, Drexel, and others has helped to provide some of the equity (several thousand?) for its employees who want to buy properties.  What a powerful way to fuel a property buying boom

 

> More, post#34: http://www.greenener...ic=21427&page=2

 

*50,000 seems too big to me.

 10,000 maybe?


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#9 DrBubb

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Posted 28 September 2017 - 03:11 PM

Amazon's Plans : are a big Talking point in Philly right now

 

A growing Philly reaches for the Sky & for a new Employer

gQ41CMI.jpg

 

alJ1trn.jpg

 

Here are all the Cities near Philly vying for Amazon's new HQ

With Amazon on the hunt to build a second headquarters, cities like Philly are hoping to win the e-commerce giant over.

But Philly already has some stiff local competition.

 

It’s been a few weeks since Amazon broke the internet when it announced that it was looking for the next place to put down roots for its second headquarters. Seemingly every major U.S. city except Seattle has thrown its hat into the ring, vying for the chance to bring thousands of jobs to town.

Philly is no different. Word on the street is that the city sent a representative to Amazon’s Seattle headquarters earlier this month. It also polled Philly residents, asking anyone and everyone for help on how to bring Amazon here, launching a social media campaign called #PhillyDelivers along with it.

Philly touts its affordability, increasing millennial population, and location as reasons why it would make the perfect place for Amazon to set up shop. But it faces stiff competition from cities all around the country—including some of its own neighbors.

. . .

Philly’s pitch, per the mayor’s office:

Obviously, this is going to be a very competitive process. Philadelphia will be submitting a proposal and given their preference for a city with over 1,000,000 people, Philadelphia would provide them with a perfectly located East Coast hub where they have access to a rapidly growing millennial talent pool. We’re also much more affordable than other nearby east coast cities with similar population sizes.

 

OTHER nearby cities:
+ Campden : has direct access to mass transportation, including major highways
+ Atlantic City :  an aggressive package, including possibly millions of dollars in tax breaks
+ Bensalem PA : 675 acres of mostly undeveloped land along its riverfront
+ Wilmington DE : centrally located, home to a lot of corporate headquarters, incl. Bank of America, ING
Proposals to Amazon are due by October 19. Stay tuned.

Philly wants your help to bring Amazon HQ2 here

Philly wants to bring Amazon’s HQ here. But where?

 

9 prime places in Philly for Amazon’s HQ2, mapped

 

Dear Amazon: Here Are 25+ Really Good ... - Philadelphia Magazine.

Sep 7, 2017 - We think Philadelphia would be a PRIME location for Amazon that would make ... The Philly tech and business community is already standing strong with .... We're perfectly located in the northeast corridor which is the most ...


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#10 DrBubb

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Posted 01 October 2017 - 10:30 PM

9 prime places in Philly for Amazon’s HQ2, mapped

uCity Square

Filbert Street, , PA 19104 Visit Website
 
The Navy Yard
4747 South Broad Street, , PA 19112 Visit Website
 

Tons of cities have gone to great lengths to convince Amazon that they’re the best pick: A Georgia town said it will change its name to Amazon if the e-commerce giant sets up shop there. Birmingham, Alabama set up a bunch of ginormous Amazon boxes around its city.

Philly, which could actually be a top contender, took to the actual internet, launching a three-day video campaign that touted three main reasons why #PhillyDelivers for Amazon HQ2: Its logistics, workforce talent, and livability.

The videos were created by Leveler Media:
 
Philly Delivers : Main pitch
 
Philadelphia Delivers: Logistics

Livability

 

 

PHILLY in Third (says Moody's) - Could move higher...

 

The latest report questioning where Amazon’s next headquarters should be ranks Philly as the third best choice, with the potential to move into first place.

That’s according to Moody’s Analytics, which just published its report on Economy.com. It deemed Austin, Texas as the best metro for Amazon HQ2, with Atlanta and Philadelphia rounding out the top three spots, respectively.

Moody’s took a data-driven approach to its findings, focusing on five main criteria:

1) business environment, 2) human capital (i.e. skilled workforce), 3) cost, 4) quality of life, and 5) transportation.


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#11 DrBubb

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Posted Yesterday, 07:42 AM

Amazon's Official deadline (Oct.20) now passed - Winner to be named in early in 2018?

 

Philly’s official Amazon HQ2 bid names University City, Navy Yard as possible sites

 

“We’re gonna win this” - says Mayor Kelly

by Melissa Romero Oct 19, 2017

uCity_Square_Aerial__View_NE__v2__1_.0.j

 

The city also launched an immersive website that include the official bid, interactive maps, the three proposed sites, and all of the videos that tout Philly’s livability, talent, and logistics, with cameos from restauranteurs and entrepreneurs to Penn’s president Amy Gutmann to Comcast CEO Brian Roberts.

More than 200 local business leaders, as well as various community development groups, students, and people from all over the city participated in the creation of the bid. Although the the announcement was made six weeks ago, much of the bid process was squeezed into three weeks, said Marc Coleman of Tactile Group, which developed the website.

Amazon first broke the internet a little over a month ago when it announced that it was looking for a new place in North America for its second headquarters. It is currently located in Seattle on a 8.1-million-square-foot campus.

The requirements included a location within a North American city and metro area of more than one million people that could attract and retain tech talent. And of course, enough land to build its mega-campus.

Philly was one of the first cities to pitch itself as a “prime” location from Amazon HQ2. Over the past few weeks the city put out an open call to residents to help shape its proposal, started a social media campaign called #PhillyDelivers, and finally, published a series of videos in the final days leading up to the October 19 deadline that touted its location, transit systems, talent pool, and livability.

==

> https://philly.curbe...navy-yard-ucity

 

/ 2 /

Amazon HQ2 bids: The good, bad, and the totally embarrassing

 

Cities are thirsty for Amazon. Is that a good thing?

by Patrick Sisson  / October 19

The pursuit of Amazon’s #HQ2 has been compared to an urbanist’s Super Bowl.

But as today’s final deadline for proposals has led to a flurry of activity by planners, mayors, and civic boosters, it seems more like a reality show: Lots of squirming for attention, occasional displays of desperation, and one unlikely suitor winning the rose in a over-the-top finale.

As Recode noted, anxious cities are already reading into anything tweeted out by an official Amazon account.

It’s true that Amazon has taken the entire process, including its detailed request for proposals, very seriously. The potential boon to cities, estimated to be 50,000 high-paid employees and $5 billion in investment from the retail giant, could be transformative.

 

But, as more than 100 cities submit bids, including all the U.S. cities Curbed covers, would landing Amazon’s second home have it own set of downsides? Seattle’s experience suggests that cities need to plan far ahead to deal with the growing pains and transit issues Amazon may bring to their neighborhoods, and studies suggest HQ2 may bring rising rents at a time when cities are already dealing with shortages of affordable housing.

==

Cities mentioned:  Detroit, Calgary, Kansas City, Birmingham, Missouri hyper-loop, Denver, Toronto, Newark, Little Rock

> https://www.curbed.c...-urban-planning

 

How_Much_Would_the_Amazon_HQ2_Raise_Rent

> source: https://www.curbed.c...artment-housing

. . .

/ 3 /

How might Amazon’s HQ2 impact Philly rents?

Amazon could bring 50,000 employees to whatever city it chooses for its HQ2. What does that means for rents in Philly, a city that consistently touts its affordability?

A new report finds out.

If Amazon picks Philly to build its second headquarters, it could mean colossal changes—both good and bad—for the city, including an influx of an estimated 50,000 new jobs. But with potentially thousands of people moving to Philly, what does that means for rents in Philly, a city that consistently touts its affordability?

Rents in the Philadelphia metro will increase an additional 0.6 to 0.8 percent each year with Amazon HQ2, costing a Philly renter up to $6,506 more over the next 10 years, according to a new report released today by Apartment List. Those numbers are on top of the already 3.1 percent average baseline rent growth that Philly has experienced each year from 2005 to 2015.

Compared to the 15 other major metros that Apartment List analyzed, a 0.6 to 0.8 percent additional increase places Philly in the “moderately impacted” category. Meanwhile, fellow Pennsylvania city Pittsburgh, also in the running for Amazon HQ2, would experience a much larger rent hike, estimated at 1.2 to 1.6 percent each year.

. . .

For Philly, the analysis found that with a vacancy of 9.0 percent, Philly is actually pretty well-equipped to handle the 50,000 Amazon employees, if you compare its current stats to other cities. Take San Jose, for example, whose average rent already rose an astonishing 57 percent between 2005 and 2015. It also has the lowest vacancy rate out of all the 15 metros studied.

Therefore, the researchers suggest that the Philly metro’s population size and high vacancy rate will prevent any extreme rent increases. But, things aren’t all perfect. The researchers caution that rents will still rise no matter what, “due to the difficulty of building in the metro.”

Historically, the metro has issued 10,882 building permits on average each year. That rate would need to increase, says Apartment List, if the metro wants to be able to handle the job growth and new Amazon folks. This finding is in line with a separate report, which found that Philly already isn’t building enough housing—affordable housing, at that—for its projected population growth.

 . . .

This report does account for potential Amazon employees opting to buy versus rent. Their expected salaries are estimated to be around $100,000 (Philly’s median household income is currently around $41,000) so they could certainly afford a downpayment a one of the homes in Philly’s market.

It’s a different story though because although the city’s rental market has a decent vacancy rate, the amount of homes for sale in Philly is at an all-time low. That means with Amazon’s influx of workers, even more people bidding to buy a home. Only, Amazon’s employees would likely be able to afford the increased home prices.


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#12 DrBubb

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Posted Yesterday, 10:20 AM

Awaiting Queen Amazon
 
30th St. Station master developer search delayed due to Amazon HQ2
 

Amtrak has postponed its search until early 2018

by Melissa Romero Oct 3, 2017

 

Screen_Shot_2016-06-16_at_11.13.41_AM.0. Rendering by Skidmore, Owings & Merrill LLP

 

Amtrak’s search for a master developer to take on its 30th Street Station District Plan just came to a halt in light of all of the Amazon hubbub.

Amtrak sent an e-mail to interested developers yesterday announcing the postponement of its request for qualifications (RFQ) for a master developer, the Inquirer first reported. The search will pick up again in early 2018.

The RFQ was issued in late August, seeking a developer to implement Amtrak’s 30th Street Station District Plan, a $6.5 billion venture to improve the station and create a mixed-use development all around the station.

Why the halt? Amazon.

It sounds like Amtrak is seriously considering Philly’s pitch to bring Amazon’s second headquarters to the city. The area surrounding the 30th Street Station District Master Plan, which includes Schuylkill Yards, is said to be one of the spots being pitched by the city to Amazon.

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> https://philly.curbe...on-headquarters


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix



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