Anyone remember powayseller?

[Anonymous]

First of all, powayseller was always bi-polar as evidenced by many of her exagerated contradictory rants. But this “I was wrong” pro real estate bullcrap is just more evidence of this bi-polar disorder. Her housing crash calls were quite correct in the beginning. Claiming she was wrong now? We are really only at half-time of this game people.

If any of you really belive this is over, or that the high-end won’t get hit, do you realize the Option ARM and Alt-A resets are due to hit in mass in 2010-2012? What % of these mortages do you think really got adjusted to fixed? How many of those adjusted will still go into default anyway? What more ammunition does the gov have to fend off this next foreclosure wave? Hard to lower interest rates any more than 0%.

[CA renter]

I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).

[CA renter]

I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).

[CA renter]

I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).

[CA renter]

I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).

[CA renter]

I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).

[an]

[quote=CA renter]I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).[/quote]
I thought powayseller was all about 50+% decline, not 40+%? Timing and magnitude is key, not direction. Almost everyone on here were predicting a decline in 2006. Like sdr said, I think she was predicting 50+% decline in nicer areas, not Temecula and Chula Vista. I’m still waiting for 50% decline in MM SFR, any chance that’ll happen?

powayseller was predicting S&P500 @600 in 2007. If that’s your definition of being correct, then I can predict SD housing market will double next year and NASDAQ will hit 5000 next year too. I might be off a few years to a few decade, but I’ll be right eventually. Broken clock is right 2 times a day.

[an]

[quote=CA renter]I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).[/quote]
I thought powayseller was all about 50+% decline, not 40+%? Timing and magnitude is key, not direction. Almost everyone on here were predicting a decline in 2006. Like sdr said, I think she was predicting 50+% decline in nicer areas, not Temecula and Chula Vista. I’m still waiting for 50% decline in MM SFR, any chance that’ll happen?

powayseller was predicting S&P500 @600 in 2007. If that’s your definition of being correct, then I can predict SD housing market will double next year and NASDAQ will hit 5000 next year too. I might be off a few years to a few decade, but I’ll be right eventually. Broken clock is right 2 times a day.

[an]

[quote=CA renter]I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).[/quote]
I thought powayseller was all about 50+% decline, not 40+%? Timing and magnitude is key, not direction. Almost everyone on here were predicting a decline in 2006. Like sdr said, I think she was predicting 50+% decline in nicer areas, not Temecula and Chula Vista. I’m still waiting for 50% decline in MM SFR, any chance that’ll happen?

powayseller was predicting S&P500 @600 in 2007. If that’s your definition of being correct, then I can predict SD housing market will double next year and NASDAQ will hit 5000 next year too. I might be off a few years to a few decade, but I’ll be right eventually. Broken clock is right 2 times a day.

[an]

[quote=CA renter]I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).[/quote]
I thought powayseller was all about 50+% decline, not 40+%? Timing and magnitude is key, not direction. Almost everyone on here were predicting a decline in 2006. Like sdr said, I think she was predicting 50+% decline in nicer areas, not Temecula and Chula Vista. I’m still waiting for 50% decline in MM SFR, any chance that’ll happen?

powayseller was predicting S&P500 @600 in 2007. If that’s your definition of being correct, then I can predict SD housing market will double next year and NASDAQ will hit 5000 next year too. I might be off a few years to a few decade, but I’ll be right eventually. Broken clock is right 2 times a day.

[an]

[quote=CA renter]I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.

Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.

There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).[/quote]
I thought powayseller was all about 50+% decline, not 40+%? Timing and magnitude is key, not direction. Almost everyone on here were predicting a decline in 2006. Like sdr said, I think she was predicting 50+% decline in nicer areas, not Temecula and Chula Vista. I’m still waiting for 50% decline in MM SFR, any chance that’ll happen?

powayseller was predicting S&P500 @600 in 2007. If that’s your definition of being correct, then I can predict SD housing market will double next year and NASDAQ will hit 5000 next year too. I might be off a few years to a few decade, but I’ll be right eventually. Broken clock is right 2 times a day.

[CA renter]

Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.

[CA renter]

Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.

[CA renter]

Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.

[CA renter]

Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.

[Author]

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