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August 4, 2011 at 9:57 AM #716138August 4, 2011 at 10:06 AM #714937anParticipant
[quote=deadzone][quote=AN][quote=flu]trust me, the markets will bounce again. dead cat bounce[/quote]
They always do, but when?:-)[/quote]Hopefully there is a big bounce up, will set up the best shorting opportunity since 2008.[/quote]
I hope so too.August 4, 2011 at 10:06 AM #715028anParticipant[quote=deadzone][quote=AN][quote=flu]trust me, the markets will bounce again. dead cat bounce[/quote]
They always do, but when?:-)[/quote]Hopefully there is a big bounce up, will set up the best shorting opportunity since 2008.[/quote]
I hope so too.August 4, 2011 at 10:06 AM #715629anParticipant[quote=deadzone][quote=AN][quote=flu]trust me, the markets will bounce again. dead cat bounce[/quote]
They always do, but when?:-)[/quote]Hopefully there is a big bounce up, will set up the best shorting opportunity since 2008.[/quote]
I hope so too.August 4, 2011 at 10:06 AM #715784anParticipant[quote=deadzone][quote=AN][quote=flu]trust me, the markets will bounce again. dead cat bounce[/quote]
They always do, but when?:-)[/quote]Hopefully there is a big bounce up, will set up the best shorting opportunity since 2008.[/quote]
I hope so too.August 4, 2011 at 10:06 AM #716143anParticipant[quote=deadzone][quote=AN][quote=flu]trust me, the markets will bounce again. dead cat bounce[/quote]
They always do, but when?:-)[/quote]Hopefully there is a big bounce up, will set up the best shorting opportunity since 2008.[/quote]
I hope so too.August 4, 2011 at 10:25 AM #714942CoronitaParticipant[quote=CONCHO]Hell bent on deflationary austerity? You think they’re going to let their Wall Street masters suffer any losses? Nope they are going to print print print to keep those stock prices up. In a few years we’re going to be driving $50K Hyundais and drinking $5 cans of Bud. Prices are falling now, the big boys put in their short positions a while back and are cleaning up now. In a few months they will drive everything back up and make big gains. Right now they are racking up their Xmas bonuses.
That said I do think SD home prices are going to fall further, but in the prime areas they will fall slowly as in those areas the buyers are closer to the sources of power. Lots of government types, government contractors, attorneys for these sorts of people, etc… They get first dibs on the table scraps.[/quote]
well, we might be driving $50k hyundais, but probably $30-40k BMW’s….At least, that’s what it looks like when you look at the Euro…..
August 4, 2011 at 10:25 AM #715033CoronitaParticipant[quote=CONCHO]Hell bent on deflationary austerity? You think they’re going to let their Wall Street masters suffer any losses? Nope they are going to print print print to keep those stock prices up. In a few years we’re going to be driving $50K Hyundais and drinking $5 cans of Bud. Prices are falling now, the big boys put in their short positions a while back and are cleaning up now. In a few months they will drive everything back up and make big gains. Right now they are racking up their Xmas bonuses.
That said I do think SD home prices are going to fall further, but in the prime areas they will fall slowly as in those areas the buyers are closer to the sources of power. Lots of government types, government contractors, attorneys for these sorts of people, etc… They get first dibs on the table scraps.[/quote]
well, we might be driving $50k hyundais, but probably $30-40k BMW’s….At least, that’s what it looks like when you look at the Euro…..
August 4, 2011 at 10:25 AM #715634CoronitaParticipant[quote=CONCHO]Hell bent on deflationary austerity? You think they’re going to let their Wall Street masters suffer any losses? Nope they are going to print print print to keep those stock prices up. In a few years we’re going to be driving $50K Hyundais and drinking $5 cans of Bud. Prices are falling now, the big boys put in their short positions a while back and are cleaning up now. In a few months they will drive everything back up and make big gains. Right now they are racking up their Xmas bonuses.
That said I do think SD home prices are going to fall further, but in the prime areas they will fall slowly as in those areas the buyers are closer to the sources of power. Lots of government types, government contractors, attorneys for these sorts of people, etc… They get first dibs on the table scraps.[/quote]
well, we might be driving $50k hyundais, but probably $30-40k BMW’s….At least, that’s what it looks like when you look at the Euro…..
August 4, 2011 at 10:25 AM #715789CoronitaParticipant[quote=CONCHO]Hell bent on deflationary austerity? You think they’re going to let their Wall Street masters suffer any losses? Nope they are going to print print print to keep those stock prices up. In a few years we’re going to be driving $50K Hyundais and drinking $5 cans of Bud. Prices are falling now, the big boys put in their short positions a while back and are cleaning up now. In a few months they will drive everything back up and make big gains. Right now they are racking up their Xmas bonuses.
That said I do think SD home prices are going to fall further, but in the prime areas they will fall slowly as in those areas the buyers are closer to the sources of power. Lots of government types, government contractors, attorneys for these sorts of people, etc… They get first dibs on the table scraps.[/quote]
well, we might be driving $50k hyundais, but probably $30-40k BMW’s….At least, that’s what it looks like when you look at the Euro…..
August 4, 2011 at 10:25 AM #716148CoronitaParticipant[quote=CONCHO]Hell bent on deflationary austerity? You think they’re going to let their Wall Street masters suffer any losses? Nope they are going to print print print to keep those stock prices up. In a few years we’re going to be driving $50K Hyundais and drinking $5 cans of Bud. Prices are falling now, the big boys put in their short positions a while back and are cleaning up now. In a few months they will drive everything back up and make big gains. Right now they are racking up their Xmas bonuses.
That said I do think SD home prices are going to fall further, but in the prime areas they will fall slowly as in those areas the buyers are closer to the sources of power. Lots of government types, government contractors, attorneys for these sorts of people, etc… They get first dibs on the table scraps.[/quote]
well, we might be driving $50k hyundais, but probably $30-40k BMW’s….At least, that’s what it looks like when you look at the Euro…..
August 4, 2011 at 10:25 AM #714947SD RealtorParticipantIt is gonna be interesting. We all knew there was a catalyst needed for pricing to shift gears. I have always thought it was going to be interest rates and for the most part I still do. That event seemed to be a mirage over the past few years but the inevitable downgrade by Moodys will help to change things. Also what nobody seems to have touched on is once rates do start moving the percent of GDP needed to finance the debt will start to climb faster as old debt is retired at lower rates and then reissued at higher rates. So even though we may be taking measures to help the situation we may find that it is to little to late once rates do rise.
I find that sellers are still in a sense of denial with respect to pricing but it does seem like inventory is building again. I havent checked the stats but people on autosearches are getting much heavier volumes of notifications.
August 4, 2011 at 10:25 AM #715038SD RealtorParticipantIt is gonna be interesting. We all knew there was a catalyst needed for pricing to shift gears. I have always thought it was going to be interest rates and for the most part I still do. That event seemed to be a mirage over the past few years but the inevitable downgrade by Moodys will help to change things. Also what nobody seems to have touched on is once rates do start moving the percent of GDP needed to finance the debt will start to climb faster as old debt is retired at lower rates and then reissued at higher rates. So even though we may be taking measures to help the situation we may find that it is to little to late once rates do rise.
I find that sellers are still in a sense of denial with respect to pricing but it does seem like inventory is building again. I havent checked the stats but people on autosearches are getting much heavier volumes of notifications.
August 4, 2011 at 10:25 AM #715640SD RealtorParticipantIt is gonna be interesting. We all knew there was a catalyst needed for pricing to shift gears. I have always thought it was going to be interest rates and for the most part I still do. That event seemed to be a mirage over the past few years but the inevitable downgrade by Moodys will help to change things. Also what nobody seems to have touched on is once rates do start moving the percent of GDP needed to finance the debt will start to climb faster as old debt is retired at lower rates and then reissued at higher rates. So even though we may be taking measures to help the situation we may find that it is to little to late once rates do rise.
I find that sellers are still in a sense of denial with respect to pricing but it does seem like inventory is building again. I havent checked the stats but people on autosearches are getting much heavier volumes of notifications.
August 4, 2011 at 10:25 AM #715794SD RealtorParticipantIt is gonna be interesting. We all knew there was a catalyst needed for pricing to shift gears. I have always thought it was going to be interest rates and for the most part I still do. That event seemed to be a mirage over the past few years but the inevitable downgrade by Moodys will help to change things. Also what nobody seems to have touched on is once rates do start moving the percent of GDP needed to finance the debt will start to climb faster as old debt is retired at lower rates and then reissued at higher rates. So even though we may be taking measures to help the situation we may find that it is to little to late once rates do rise.
I find that sellers are still in a sense of denial with respect to pricing but it does seem like inventory is building again. I havent checked the stats but people on autosearches are getting much heavier volumes of notifications.
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