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  • August 18, 2009 at 9:15 PM #446956
    patb
    Participant

    [quote=threadkiller]Ok, inventory is low, prices are coming up, Rich’s chart has an inflection point where the second derivative is zero, and yet no one wants to call a bottom. I recognize this craziness, I’ve seen this before, ah yes it’s called rationalization. We just passed a bottom, is it the lowest we will ever see? Maybe not, a bottom none the less.[/quote]

    don’t mistake a plateau for a bottom.

    certainly the fed is printing money like mad, but, there are an amazing load of defective mortgages still out there.

    August 18, 2009 at 9:45 PM #446193
    Aecetia
    Participant

    I agree and it is just a matter of time before people wake up.

    August 18, 2009 at 9:45 PM #446387
    Aecetia
    Participant

    I agree and it is just a matter of time before people wake up.

    August 18, 2009 at 9:45 PM #446724
    Aecetia
    Participant

    I agree and it is just a matter of time before people wake up.

    August 18, 2009 at 9:45 PM #446797
    Aecetia
    Participant

    I agree and it is just a matter of time before people wake up.

    August 18, 2009 at 9:45 PM #446977
    Aecetia
    Participant

    I agree and it is just a matter of time before people wake up.

    August 18, 2009 at 9:57 PM #446198
    PadreBrian
    Participant

    The current Case-Shiller Index kind of put the kibosh on the doom, gloom and zombies walking the streets.

    Hell, inflation/increasing interest rates will see to it that prices will continue to drop slowly then stagnate for another 10 years. See 1970’s for details. Not the end of the world, just not 2003-2006 either.

    August 18, 2009 at 9:57 PM #446392
    PadreBrian
    Participant

    The current Case-Shiller Index kind of put the kibosh on the doom, gloom and zombies walking the streets.

    Hell, inflation/increasing interest rates will see to it that prices will continue to drop slowly then stagnate for another 10 years. See 1970’s for details. Not the end of the world, just not 2003-2006 either.

    August 18, 2009 at 9:57 PM #446729
    PadreBrian
    Participant

    The current Case-Shiller Index kind of put the kibosh on the doom, gloom and zombies walking the streets.

    Hell, inflation/increasing interest rates will see to it that prices will continue to drop slowly then stagnate for another 10 years. See 1970’s for details. Not the end of the world, just not 2003-2006 either.

    August 18, 2009 at 9:57 PM #446802
    PadreBrian
    Participant

    The current Case-Shiller Index kind of put the kibosh on the doom, gloom and zombies walking the streets.

    Hell, inflation/increasing interest rates will see to it that prices will continue to drop slowly then stagnate for another 10 years. See 1970’s for details. Not the end of the world, just not 2003-2006 either.

    August 18, 2009 at 9:57 PM #446982
    PadreBrian
    Participant

    The current Case-Shiller Index kind of put the kibosh on the doom, gloom and zombies walking the streets.

    Hell, inflation/increasing interest rates will see to it that prices will continue to drop slowly then stagnate for another 10 years. See 1970’s for details. Not the end of the world, just not 2003-2006 either.

    August 18, 2009 at 10:26 PM #446223
    Zeitgeist
    Participant

    Not again. Ugly clothes and ugly cars.

    August 18, 2009 at 10:26 PM #446417
    Zeitgeist
    Participant

    Not again. Ugly clothes and ugly cars.

    August 18, 2009 at 10:26 PM #446754
    Zeitgeist
    Participant

    Not again. Ugly clothes and ugly cars.

    August 18, 2009 at 10:26 PM #446827
    Zeitgeist
    Participant

    Not again. Ugly clothes and ugly cars.

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