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Coronita.
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January 22, 2010 at 12:15 PM #505470January 22, 2010 at 12:33 PM #504577
davelj
Participant[quote=Arraya]
The correction phase, however, *will* happen eventually.
[/quote]How do you know that the largest part of the correction didn’t already happen (when the S&P was almost 25% below fair value – albeit for a short period)? You generally seem more sure of everything than I am of anything.
Lots of companies have raised tons of capital in recent months, which puts a floor on whatever correction will take place. That’s Reflexivity 101. I wouldn’t be surprised to see the S&P revisit 750… but I think it’s unlikely that it blows through the prior low of 666. But, I could be wrong – unlike you, my crystal ball is hazy.
What I do know is that the financial markets are designed to make folks bullish at the top, bearish at the bottom and confused in between. They are generally successful at that.
January 22, 2010 at 12:33 PM #504725Participant[quote=Arraya]
The correction phase, however, *will* happen eventually.
[/quote]How do you know that the largest part of the correction didn’t already happen (when the S&P was almost 25% below fair value – albeit for a short period)? You generally seem more sure of everything than I am of anything.
Lots of companies have raised tons of capital in recent months, which puts a floor on whatever correction will take place. That’s Reflexivity 101. I wouldn’t be surprised to see the S&P revisit 750… but I think it’s unlikely that it blows through the prior low of 666. But, I could be wrong – unlike you, my crystal ball is hazy.
What I do know is that the financial markets are designed to make folks bullish at the top, bearish at the bottom and confused in between. They are generally successful at that.
January 22, 2010 at 12:33 PM #505129Participant[quote=Arraya]
The correction phase, however, *will* happen eventually.
[/quote]How do you know that the largest part of the correction didn’t already happen (when the S&P was almost 25% below fair value – albeit for a short period)? You generally seem more sure of everything than I am of anything.
Lots of companies have raised tons of capital in recent months, which puts a floor on whatever correction will take place. That’s Reflexivity 101. I wouldn’t be surprised to see the S&P revisit 750… but I think it’s unlikely that it blows through the prior low of 666. But, I could be wrong – unlike you, my crystal ball is hazy.
What I do know is that the financial markets are designed to make folks bullish at the top, bearish at the bottom and confused in between. They are generally successful at that.
January 22, 2010 at 12:33 PM #505222Participant[quote=Arraya]
The correction phase, however, *will* happen eventually.
[/quote]How do you know that the largest part of the correction didn’t already happen (when the S&P was almost 25% below fair value – albeit for a short period)? You generally seem more sure of everything than I am of anything.
Lots of companies have raised tons of capital in recent months, which puts a floor on whatever correction will take place. That’s Reflexivity 101. I wouldn’t be surprised to see the S&P revisit 750… but I think it’s unlikely that it blows through the prior low of 666. But, I could be wrong – unlike you, my crystal ball is hazy.
What I do know is that the financial markets are designed to make folks bullish at the top, bearish at the bottom and confused in between. They are generally successful at that.
January 22, 2010 at 12:33 PM #505475Participant[quote=Arraya]
The correction phase, however, *will* happen eventually.
[/quote]How do you know that the largest part of the correction didn’t already happen (when the S&P was almost 25% below fair value – albeit for a short period)? You generally seem more sure of everything than I am of anything.
Lots of companies have raised tons of capital in recent months, which puts a floor on whatever correction will take place. That’s Reflexivity 101. I wouldn’t be surprised to see the S&P revisit 750… but I think it’s unlikely that it blows through the prior low of 666. But, I could be wrong – unlike you, my crystal ball is hazy.
What I do know is that the financial markets are designed to make folks bullish at the top, bearish at the bottom and confused in between. They are generally successful at that.
January 22, 2010 at 12:40 PM #504587outtamojo
Participant“*will* happen eventually.”
Yeah, eventually(rolling eyes). I guess we don’t want to put a date out there like Mr. Mortgage so the world can see how utterly wrong we were.
http://piggington.com/foreclosures_coming_soon_to_a_neighborhood_near_you
January 22, 2010 at 12:40 PM #504734Participant“*will* happen eventually.”
Yeah, eventually(rolling eyes). I guess we don’t want to put a date out there like Mr. Mortgage so the world can see how utterly wrong we were.
http://piggington.com/foreclosures_coming_soon_to_a_neighborhood_near_you
January 22, 2010 at 12:40 PM #505139Participant“*will* happen eventually.”
Yeah, eventually(rolling eyes). I guess we don’t want to put a date out there like Mr. Mortgage so the world can see how utterly wrong we were.
http://piggington.com/foreclosures_coming_soon_to_a_neighborhood_near_you
January 22, 2010 at 12:40 PM #505232Participant“*will* happen eventually.”
Yeah, eventually(rolling eyes). I guess we don’t want to put a date out there like Mr. Mortgage so the world can see how utterly wrong we were.
http://piggington.com/foreclosures_coming_soon_to_a_neighborhood_near_you
January 22, 2010 at 12:40 PM #505485Participant“*will* happen eventually.”
Yeah, eventually(rolling eyes). I guess we don’t want to put a date out there like Mr. Mortgage so the world can see how utterly wrong we were.
http://piggington.com/foreclosures_coming_soon_to_a_neighborhood_near_you
January 28, 2010 at 9:08 AM #506399moneymaker
ParticipantI predict the DOW will fall below 10,000 today. Of course I could be wrong, but that would violate rule #1.
January 28, 2010 at 9:08 AM #506545ParticipantI predict the DOW will fall below 10,000 today. Of course I could be wrong, but that would violate rule #1.
January 28, 2010 at 9:08 AM #506954ParticipantI predict the DOW will fall below 10,000 today. Of course I could be wrong, but that would violate rule #1.
January 28, 2010 at 9:08 AM #507047ParticipantI predict the DOW will fall below 10,000 today. Of course I could be wrong, but that would violate rule #1.
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