- This topic has 512 replies, 32 voices, and was last updated 13 years, 6 months ago by
sdrealtor.
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February 18, 2009 at 3:10 PM #349569February 18, 2009 at 3:10 PM #349602
BGinRB
Participant[quote=sdrealtor]Nice selective editing. That quote was from 16 months ago and was made specifically about that market and the conditions present at the time. The passage of time has only proven me more correct.
It hastaken a virtual complete collapse of our banking and entire economy for the price to reach that level and about 1.5 years. Thanks for reminding me how smart I really am in assessing the market![/quote]
You are welcome. Feel free to share the next thing that will never happen.
OC came out with a timeframe and he was wrong – he underestimated the time it would take.
You, on the other hand, referenced no point in time. Your statement was absolute. You could just as credibly argue that you are right since the price is not in low 400’s but mid 300’s.February 18, 2009 at 3:10 PM #349701Participant[quote=sdrealtor]Nice selective editing. That quote was from 16 months ago and was made specifically about that market and the conditions present at the time. The passage of time has only proven me more correct.
It hastaken a virtual complete collapse of our banking and entire economy for the price to reach that level and about 1.5 years. Thanks for reminding me how smart I really am in assessing the market![/quote]
You are welcome. Feel free to share the next thing that will never happen.
OC came out with a timeframe and he was wrong – he underestimated the time it would take.
You, on the other hand, referenced no point in time. Your statement was absolute. You could just as credibly argue that you are right since the price is not in low 400’s but mid 300’s.February 18, 2009 at 4:12 PM #349228scaredyclassic
Participantwe are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
February 18, 2009 at 4:12 PM #349547Participantwe are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
February 18, 2009 at 4:12 PM #349669Participantwe are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
February 18, 2009 at 4:12 PM #349702Participantwe are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
February 18, 2009 at 4:12 PM #349801Participantwe are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
February 18, 2009 at 8:10 PM #349419waiting hawk
Participant[quote=scaredycat]indeed, we’ve had a mild contraction and a dip in the stock market. [/quote]
orly? almost 50% off from the top is a dip? What is a crash then lol
February 18, 2009 at 8:10 PM #349737Participant[quote=scaredycat]indeed, we’ve had a mild contraction and a dip in the stock market. [/quote]
orly? almost 50% off from the top is a dip? What is a crash then lol
February 18, 2009 at 8:10 PM #349860Participant[quote=scaredycat]indeed, we’ve had a mild contraction and a dip in the stock market. [/quote]
orly? almost 50% off from the top is a dip? What is a crash then lol
February 18, 2009 at 8:10 PM #349893Participant[quote=scaredycat]indeed, we’ve had a mild contraction and a dip in the stock market. [/quote]
orly? almost 50% off from the top is a dip? What is a crash then lol
February 18, 2009 at 8:10 PM #349992Participant[quote=scaredycat]indeed, we’ve had a mild contraction and a dip in the stock market. [/quote]
orly? almost 50% off from the top is a dip? What is a crash then lol
February 18, 2009 at 10:29 PM #349474sdrealtor
ParticipantNice try BG but no cigar. OCR and I were going back and forth on this thread and my comment was absolute in pertaining to that immediate time frame. I said it would never happen at that time. I also said it would happen in the future numerous places throughout this blog.
I was 100% correct that the low 400’s would not happen for that house in late 2007 or early 2008.
My skill is in predicting the market at hand and what will happen over the next 6 to 12 months. Anyone with half a brain could have predicted the direction this market was going longer term. I have never, ever, not for a single second been anything but long term bearish on this blog. Check the history of my posts 3 years and you will see that I consistently called for a North County Coastal bottom in 2011 or 2012. I have never wavered one iota and stand by those predictions today. I have to say, I’m looking smart these days.
February 18, 2009 at 10:29 PM #349792ParticipantNice try BG but no cigar. OCR and I were going back and forth on this thread and my comment was absolute in pertaining to that immediate time frame. I said it would never happen at that time. I also said it would happen in the future numerous places throughout this blog.
I was 100% correct that the low 400’s would not happen for that house in late 2007 or early 2008.
My skill is in predicting the market at hand and what will happen over the next 6 to 12 months. Anyone with half a brain could have predicted the direction this market was going longer term. I have never, ever, not for a single second been anything but long term bearish on this blog. Check the history of my posts 3 years and you will see that I consistently called for a North County Coastal bottom in 2011 or 2012. I have never wavered one iota and stand by those predictions today. I have to say, I’m looking smart these days.
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