The Chris Johnston/Scoreboard couple is back… it seems like its been a while.
you said…”These are the days I like to drop in here, big up or down days.”
you should have just said the big up days.. we have had a lot of big down days and haven’t seen you around???
Its funny how he points out that there are very few posts on Pigs.com when the market is up, but a bunch when the market is down and in the same post, he shows that he does the exact same thing by only coming here and posting after the dow has had two big up days.
I haven’t seen to many post(if any)from you while the dow has been falling 10% from its high. Its been how long since you’ve been a regular poster here? six months or so? I don’t seen to many pigs trying to predict the equities markets, as this is mainly a housing site.
I agree that pigs have been bearish on housing, and I agree that they have been 100% right so far. I’ve seen pigs be short the dollar, which has played out sharply in the last 6 months. I’ve seen pigs be short RE, which has dropped sharply too. Even the pigs who have been short the market haven’t done too bad, especially financial stocks and home builders. If this is one of the most bearish places to study market sentiment, then where do you study bullish sentiment? .. the fed reserve?? .. the NAR?? .. Kudlow and Company?
And the market sentiment thing keeps popping up to. So when everyone is bearish on housing, its time to buy right? Even when every fundamental says its going lower, right? I’d be curious to know Chris, what the sentiment is telling you about where housing is going? .. and the dow?