We are at the botton, so says Barrons

[temeculaguy]

Can I e-mail the author a link to this thread, can I, can I, can I.

[DWCAP]

“In hindsight, the housing bust hasn’t been nearly as calamitous as depicted in the media, or as Wall Street’s woes might suggest. Yes, people have lost their homes, but more than a few were mendacious mortgage applicants and mere speculators, who eagerly sought out 100% margin loans, only to fold just as quickly when prices turned against them.”

So then obviously we dont need to be bailing out Fannie and Freddie, or writing in all the tax breaks and 300billion foreclosure prevention BS. We should petition barrons to write a cover story about how this is all overblown and not really necessary since the bottom is here. Just wait till that one hits the advertising department.

[DWCAP]

“In hindsight, the housing bust hasn’t been nearly as calamitous as depicted in the media, or as Wall Street’s woes might suggest. Yes, people have lost their homes, but more than a few were mendacious mortgage applicants and mere speculators, who eagerly sought out 100% margin loans, only to fold just as quickly when prices turned against them.”

So then obviously we dont need to be bailing out Fannie and Freddie, or writing in all the tax breaks and 300billion foreclosure prevention BS. We should petition barrons to write a cover story about how this is all overblown and not really necessary since the bottom is here. Just wait till that one hits the advertising department.

[DWCAP]

“In hindsight, the housing bust hasn’t been nearly as calamitous as depicted in the media, or as Wall Street’s woes might suggest. Yes, people have lost their homes, but more than a few were mendacious mortgage applicants and mere speculators, who eagerly sought out 100% margin loans, only to fold just as quickly when prices turned against them.”

So then obviously we dont need to be bailing out Fannie and Freddie, or writing in all the tax breaks and 300billion foreclosure prevention BS. We should petition barrons to write a cover story about how this is all overblown and not really necessary since the bottom is here. Just wait till that one hits the advertising department.

[DWCAP]

“In hindsight, the housing bust hasn’t been nearly as calamitous as depicted in the media, or as Wall Street’s woes might suggest. Yes, people have lost their homes, but more than a few were mendacious mortgage applicants and mere speculators, who eagerly sought out 100% margin loans, only to fold just as quickly when prices turned against them.”

So then obviously we dont need to be bailing out Fannie and Freddie, or writing in all the tax breaks and 300billion foreclosure prevention BS. We should petition barrons to write a cover story about how this is all overblown and not really necessary since the bottom is here. Just wait till that one hits the advertising department.

[DWCAP]

“In hindsight, the housing bust hasn’t been nearly as calamitous as depicted in the media, or as Wall Street’s woes might suggest. Yes, people have lost their homes, but more than a few were mendacious mortgage applicants and mere speculators, who eagerly sought out 100% margin loans, only to fold just as quickly when prices turned against them.”

So then obviously we dont need to be bailing out Fannie and Freddie, or writing in all the tax breaks and 300billion foreclosure prevention BS. We should petition barrons to write a cover story about how this is all overblown and not really necessary since the bottom is here. Just wait till that one hits the advertising department.

[peterb]

We’re at the bottom all right. The bottom of the first false rally. And about to go over the next drop.

[peterb]

We’re at the bottom all right. The bottom of the first false rally. And about to go over the next drop.

[peterb]

We’re at the bottom all right. The bottom of the first false rally. And about to go over the next drop.

[peterb]

We’re at the bottom all right. The bottom of the first false rally. And about to go over the next drop.

[peterb]

We’re at the bottom all right. The bottom of the first false rally. And about to go over the next drop.

[hipmatt]

peterb, exactly right…. There is nothing out there indicating a bottom. Quite the contrary, less employment and high inflation will only add to the numerous reasons why housing still needs further to fall, most notably massive inventories and homes that are still more expensive to own than rent. The summer suckers rally is nearly over, get ready for round two it will be just as bad as round one. We will be in full swing crash mode by December08-Feb 09.

[hipmatt]

peterb, exactly right…. There is nothing out there indicating a bottom. Quite the contrary, less employment and high inflation will only add to the numerous reasons why housing still needs further to fall, most notably massive inventories and homes that are still more expensive to own than rent. The summer suckers rally is nearly over, get ready for round two it will be just as bad as round one. We will be in full swing crash mode by December08-Feb 09.

[hipmatt]

peterb, exactly right…. There is nothing out there indicating a bottom. Quite the contrary, less employment and high inflation will only add to the numerous reasons why housing still needs further to fall, most notably massive inventories and homes that are still more expensive to own than rent. The summer suckers rally is nearly over, get ready for round two it will be just as bad as round one. We will be in full swing crash mode by December08-Feb 09.

[hipmatt]

peterb, exactly right…. There is nothing out there indicating a bottom. Quite the contrary, less employment and high inflation will only add to the numerous reasons why housing still needs further to fall, most notably massive inventories and homes that are still more expensive to own than rent. The summer suckers rally is nearly over, get ready for round two it will be just as bad as round one. We will be in full swing crash mode by December08-Feb 09.

[Author]

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