- This topic has 7 replies, 7 voices, and was last updated 12 years, 1 month ago by Jazzman.
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August 16, 2012 at 1:30 PM #20061August 16, 2012 at 5:26 PM #750415patbParticipant
he’s been saying this for a while, which depends upon interest rates and liquidity.
if rates rise?
we are back in a down spiral.
August 16, 2012 at 5:28 PM #750416daveljParticipant[quote=patb]he’s been saying this for a while, which depends upon interest rates and liquidity.
if rates rise?
we are back in a down spiral.[/quote]
Actually it all depends on WHY rates rise (assuming they do), right?
August 16, 2012 at 5:50 PM #750419spdrunParticipantThis is a matter of local markets. I for one suspect that my home state of NJ has NOT bottomed, and will not do so till this winter at the very least. Too many foreclosures and shorts coming online right now.
August 16, 2012 at 10:26 PM #750429scaredyclassicParticipanti think ive bottomed out. have you guys ever seen r. crumb’s depression graph? freaking hilarious and beautiful
he bottomed out at age 43:
August 16, 2012 at 10:28 PM #750430scaredyclassicParticipantstrangely, id say i bottomed out around the same time. maybe 44-45…things is looking up!!!!!
August 16, 2012 at 11:14 PM #750431paramountParticipant[quote=squat250]i think ive bottomed out. have you guys ever seen r. crumb’s depression graph? freaking hilarious and beautiful
he bottomed out at age 43:
http://biblioklept.org/2010/07/17/r-crumbs-depression-graph/%5B/quote%5D
That’s good stuff, I can totally relate.
August 17, 2012 at 1:46 AM #750434JazzmanParticipantYep, he has been saying this for some time, which coincided with a noticeable turn around in other previously bearish corners of the blogosphere. Maybe they are right, but I fancy not entirely. Influential bears were possibly too successful. We will be able to look back in a few years, and know the answers.
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