Nice try BG but no cigar. OCR and I were going back and forth on this thread and my comment was absolute in pertaining to that immediate time frame. I said it would never happen at that time. I also said it would happen in the future numerous places throughout this blog.
I was 100% correct that the low 400’s would not happen for that house in late 2007 or early 2008.
My skill is in predicting the market at hand and what will happen over the next 6 to 12 months. Anyone with half a brain could have predicted the direction this market was going longer term. I have never, ever, not for a single second been anything but long term bearish on this blog. Check the history of my posts 3 years and you will see that I consistently called for a North County Coastal bottom in 2011 or 2012. I have never wavered one iota and stand by those predictions today. I have to say, I’m looking smart these days.
