It feels kinda bubbly right now

[SD Realtor]

Hi Jeeman

I did not consider that one. I see the drop to 196 but I cut that retracement off at the 263 level that it hit on Dec 9th in 1929. From that level it went back down to 240 and then back to the 294 level you indicated. To me (and I am by no means a technical expert) that would indicate two seperate lower lows and highs.

Again, to me the market is a rigged game.

When you go to vegas you will lose if you play long enough. You will lose everything. If you don’t play you will lose nothing. It is all about risk and the market is not any different. If you have no appetite for risk then don’t play at all. However it is far to easy to come out and say after the runup that we have had that this is a suckers rally. It is harder to say I was a sucker for not buying into the rally at 7000, or 7500 or even 8000. Nobody forces you to stay in.

Also we are in a far far far more manipulated market now more then ever and I believe it will be dictated by the powers that be that the market will not be “allowed” to fall in the same percentages as it did in 1929.

[Nor-LA-SD-guy]

I don’t know about you guy’s but I am about ready for this recession to be over to tell the truth,

If you want a cheaper home move to T.V.

I don’t think we The U.S.A. can take much more of a down turn before everyone is suffering.

[Nor-LA-SD-guy]

I don’t know about you guy’s but I am about ready for this recession to be over to tell the truth,

If you want a cheaper home move to T.V.

I don’t think we The U.S.A. can take much more of a down turn before everyone is suffering.

[Nor-LA-SD-guy]

I don’t know about you guy’s but I am about ready for this recession to be over to tell the truth,

If you want a cheaper home move to T.V.

I don’t think we The U.S.A. can take much more of a down turn before everyone is suffering.

[Nor-LA-SD-guy]

I don’t know about you guy’s but I am about ready for this recession to be over to tell the truth,

If you want a cheaper home move to T.V.

I don’t think we The U.S.A. can take much more of a down turn before everyone is suffering.

[Nor-LA-SD-guy]

I don’t know about you guy’s but I am about ready for this recession to be over to tell the truth,

If you want a cheaper home move to T.V.

I don’t think we The U.S.A. can take much more of a down turn before everyone is suffering.

[patientrenter]

Nonsense, NO-LA-SD-guy!

House prices (for most homes in nicer areas) are still way above their values at the last bottom of the RE cycle, in 1996. That’s true even after adjusting for inflation or wage growth. So there’s lots more room for downside movement, based on economics. But politics is what’s driving the selection of winners and losers now, not economics, so perhaps it’ all asset price reflation from now on. It’s certainly what the majority of voters want.

[patientrenter]

Nonsense, NO-LA-SD-guy!

House prices (for most homes in nicer areas) are still way above their values at the last bottom of the RE cycle, in 1996. That’s true even after adjusting for inflation or wage growth. So there’s lots more room for downside movement, based on economics. But politics is what’s driving the selection of winners and losers now, not economics, so perhaps it’ all asset price reflation from now on. It’s certainly what the majority of voters want.

[patientrenter]

Nonsense, NO-LA-SD-guy!

House prices (for most homes in nicer areas) are still way above their values at the last bottom of the RE cycle, in 1996. That’s true even after adjusting for inflation or wage growth. So there’s lots more room for downside movement, based on economics. But politics is what’s driving the selection of winners and losers now, not economics, so perhaps it’ all asset price reflation from now on. It’s certainly what the majority of voters want.

[patientrenter]

Nonsense, NO-LA-SD-guy!

House prices (for most homes in nicer areas) are still way above their values at the last bottom of the RE cycle, in 1996. That’s true even after adjusting for inflation or wage growth. So there’s lots more room for downside movement, based on economics. But politics is what’s driving the selection of winners and losers now, not economics, so perhaps it’ all asset price reflation from now on. It’s certainly what the majority of voters want.

[patientrenter]

Nonsense, NO-LA-SD-guy!

House prices (for most homes in nicer areas) are still way above their values at the last bottom of the RE cycle, in 1996. That’s true even after adjusting for inflation or wage growth. So there’s lots more room for downside movement, based on economics. But politics is what’s driving the selection of winners and losers now, not economics, so perhaps it’ all asset price reflation from now on. It’s certainly what the majority of voters want.

[Arraya]

The fact the the entire western banking system will fail if asset prices fall to low motivates a little too. Don’t ya think?

Falling prices makes all those balance sheet clogging assets worth less and the whole banking system more insolvent.

Personally, I think the bankers are more concerned with the survival of the system than voter satisfaction.

In they end, everybody may lose and that could change the politics to save my home value to put Geitner and Paulsons head on a stick.

It’s not looking good for the banksters.

[Arraya]

The fact the the entire western banking system will fail if asset prices fall to low motivates a little too. Don’t ya think?

Falling prices makes all those balance sheet clogging assets worth less and the whole banking system more insolvent.

Personally, I think the bankers are more concerned with the survival of the system than voter satisfaction.

In they end, everybody may lose and that could change the politics to save my home value to put Geitner and Paulsons head on a stick.

It’s not looking good for the banksters.

[Arraya]

The fact the the entire western banking system will fail if asset prices fall to low motivates a little too. Don’t ya think?

Falling prices makes all those balance sheet clogging assets worth less and the whole banking system more insolvent.

Personally, I think the bankers are more concerned with the survival of the system than voter satisfaction.

In they end, everybody may lose and that could change the politics to save my home value to put Geitner and Paulsons head on a stick.

It’s not looking good for the banksters.

[Arraya]

The fact the the entire western banking system will fail if asset prices fall to low motivates a little too. Don’t ya think?

Falling prices makes all those balance sheet clogging assets worth less and the whole banking system more insolvent.

Personally, I think the bankers are more concerned with the survival of the system than voter satisfaction.

In they end, everybody may lose and that could change the politics to save my home value to put Geitner and Paulsons head on a stick.

It’s not looking good for the banksters.

[Author]

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