[quote=sdrealtor] He pointed out that the bears bring rational facts based upon what is actually going on right now. On the otherhand the bulls case is irrational and based upon a better tomorrow regardless of what the facts are today. BY definition the bulls hypothesis requires a change for the better in the future.
His point is that at face value the bears will always have what seems to be the stronger argument. In every case the bears will be more rational, more fact based and better substantiated. In spite of that, they obviously arent always right because things change and things can get better.
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So the bulls are optimist, hoping things will change for the better. Bears not always be right b/c looking at what’s happening today, true, the prospects don’t look optimistic. I would like to be. I have asked people often to give me some solid reason, something that would propel the economy forward and cause prices to rise. Other than looming inflation, I haven’t gotten a response what the impetus would be.
[quote=temeculaguy]
But it wouldn’t affect the month over month numbers.
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What if the banks stopped sending out the NODs at a certain point when the decline started. First it was after 3 months you would get a NOD, then longer and longer to send it out and now not at all. So you stopped paying a couple of months ago and no NOD. Now the NODs look like they’re declining, when the banks have recently just stopped bothering sending out NODs.
