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April 6, 2008 at 9:05 PM #12361April 6, 2008 at 10:04 PM #181908hipmattParticipant
I think you are doing the right thing by waiting. My guess has always been 2010, and I’m gonna stick to it, but well only know after the bottom has been reached for sure.
April 6, 2008 at 10:04 PM #181917hipmattParticipantI think you are doing the right thing by waiting. My guess has always been 2010, and I’m gonna stick to it, but well only know after the bottom has been reached for sure.
April 6, 2008 at 10:04 PM #181950hipmattParticipantI think you are doing the right thing by waiting. My guess has always been 2010, and I’m gonna stick to it, but well only know after the bottom has been reached for sure.
April 6, 2008 at 10:04 PM #181956hipmattParticipantI think you are doing the right thing by waiting. My guess has always been 2010, and I’m gonna stick to it, but well only know after the bottom has been reached for sure.
April 6, 2008 at 10:04 PM #181958hipmattParticipantI think you are doing the right thing by waiting. My guess has always been 2010, and I’m gonna stick to it, but well only know after the bottom has been reached for sure.
April 6, 2008 at 10:54 PM #181933contramanParticipantYou remember what happened a few Fridays ago when Bear Stearns went from 60 to 30? Do you remember?
Alot of greedy people bought at 30 thinking the sell off was overdone. On Monday, they were eating xanax bars for breakfast…..
Again, study past cycles and realize that an asset that has severely appreciated goes down in steps. We have had the first step and alot of people think the worst is over and are buying because “they don’t want to miss out” mentality.
Don’t be fooled we are only half way there my friends….the cancer spreads slow into every sector….
Ask all the people that work for Dell Computers in TX…..all 8800 of them that are going to be without a job for awhile how the mortgage payment is coming along….
You think Qualcomm is going to go unscathed from the major pull back in consumer spending???? Wait for the announcement in Q3.
PATIENCE…..RENT FOR 2 YEARS….
Sincerely, Contraman
April 6, 2008 at 10:54 PM #181942contramanParticipantYou remember what happened a few Fridays ago when Bear Stearns went from 60 to 30? Do you remember?
Alot of greedy people bought at 30 thinking the sell off was overdone. On Monday, they were eating xanax bars for breakfast…..
Again, study past cycles and realize that an asset that has severely appreciated goes down in steps. We have had the first step and alot of people think the worst is over and are buying because “they don’t want to miss out” mentality.
Don’t be fooled we are only half way there my friends….the cancer spreads slow into every sector….
Ask all the people that work for Dell Computers in TX…..all 8800 of them that are going to be without a job for awhile how the mortgage payment is coming along….
You think Qualcomm is going to go unscathed from the major pull back in consumer spending???? Wait for the announcement in Q3.
PATIENCE…..RENT FOR 2 YEARS….
Sincerely, Contraman
April 6, 2008 at 10:54 PM #181975contramanParticipantYou remember what happened a few Fridays ago when Bear Stearns went from 60 to 30? Do you remember?
Alot of greedy people bought at 30 thinking the sell off was overdone. On Monday, they were eating xanax bars for breakfast…..
Again, study past cycles and realize that an asset that has severely appreciated goes down in steps. We have had the first step and alot of people think the worst is over and are buying because “they don’t want to miss out” mentality.
Don’t be fooled we are only half way there my friends….the cancer spreads slow into every sector….
Ask all the people that work for Dell Computers in TX…..all 8800 of them that are going to be without a job for awhile how the mortgage payment is coming along….
You think Qualcomm is going to go unscathed from the major pull back in consumer spending???? Wait for the announcement in Q3.
PATIENCE…..RENT FOR 2 YEARS….
Sincerely, Contraman
April 6, 2008 at 10:54 PM #181981contramanParticipantYou remember what happened a few Fridays ago when Bear Stearns went from 60 to 30? Do you remember?
Alot of greedy people bought at 30 thinking the sell off was overdone. On Monday, they were eating xanax bars for breakfast…..
Again, study past cycles and realize that an asset that has severely appreciated goes down in steps. We have had the first step and alot of people think the worst is over and are buying because “they don’t want to miss out” mentality.
Don’t be fooled we are only half way there my friends….the cancer spreads slow into every sector….
Ask all the people that work for Dell Computers in TX…..all 8800 of them that are going to be without a job for awhile how the mortgage payment is coming along….
You think Qualcomm is going to go unscathed from the major pull back in consumer spending???? Wait for the announcement in Q3.
PATIENCE…..RENT FOR 2 YEARS….
Sincerely, Contraman
April 6, 2008 at 10:54 PM #181984contramanParticipantYou remember what happened a few Fridays ago when Bear Stearns went from 60 to 30? Do you remember?
Alot of greedy people bought at 30 thinking the sell off was overdone. On Monday, they were eating xanax bars for breakfast…..
Again, study past cycles and realize that an asset that has severely appreciated goes down in steps. We have had the first step and alot of people think the worst is over and are buying because “they don’t want to miss out” mentality.
Don’t be fooled we are only half way there my friends….the cancer spreads slow into every sector….
Ask all the people that work for Dell Computers in TX…..all 8800 of them that are going to be without a job for awhile how the mortgage payment is coming along….
You think Qualcomm is going to go unscathed from the major pull back in consumer spending???? Wait for the announcement in Q3.
PATIENCE…..RENT FOR 2 YEARS….
Sincerely, Contraman
April 6, 2008 at 11:05 PM #181938La Jolla RenterParticipantI agree it sure feels like there are a fair amount of buyers on the sideline. My hunch is that those buyers are going to get even more conservative as the market falls and job security becomes an issue.
The mortgage amount I personally am willing to take on has dropped about 25% over the past year. My future income does not look as good as it did one year ago.
April 6, 2008 at 11:05 PM #181947La Jolla RenterParticipantI agree it sure feels like there are a fair amount of buyers on the sideline. My hunch is that those buyers are going to get even more conservative as the market falls and job security becomes an issue.
The mortgage amount I personally am willing to take on has dropped about 25% over the past year. My future income does not look as good as it did one year ago.
April 6, 2008 at 11:05 PM #181980La Jolla RenterParticipantI agree it sure feels like there are a fair amount of buyers on the sideline. My hunch is that those buyers are going to get even more conservative as the market falls and job security becomes an issue.
The mortgage amount I personally am willing to take on has dropped about 25% over the past year. My future income does not look as good as it did one year ago.
April 6, 2008 at 11:05 PM #181986La Jolla RenterParticipantI agree it sure feels like there are a fair amount of buyers on the sideline. My hunch is that those buyers are going to get even more conservative as the market falls and job security becomes an issue.
The mortgage amount I personally am willing to take on has dropped about 25% over the past year. My future income does not look as good as it did one year ago.
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