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December 31, 2007 at 6:23 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127046December 31, 2007 at 6:23 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127208
Chris Scoreboard Johnston
ParticipantIt is time to be out of stocks until March or thereabouts. The decennial pattern calls for a first quarter decline, and the commercials have been moving to the short side over the last few weeks. Time to be in cash for a bit.
December 31, 2007 at 6:23 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127217Chris Scoreboard Johnston
ParticipantIt is time to be out of stocks until March or thereabouts. The decennial pattern calls for a first quarter decline, and the commercials have been moving to the short side over the last few weeks. Time to be in cash for a bit.
December 31, 2007 at 6:23 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127285Chris Scoreboard Johnston
ParticipantIt is time to be out of stocks until March or thereabouts. The decennial pattern calls for a first quarter decline, and the commercials have been moving to the short side over the last few weeks. Time to be in cash for a bit.
December 31, 2007 at 6:23 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127309Chris Scoreboard Johnston
ParticipantIt is time to be out of stocks until March or thereabouts. The decennial pattern calls for a first quarter decline, and the commercials have been moving to the short side over the last few weeks. Time to be in cash for a bit.
Chris Scoreboard Johnston
ParticipantRO – I tip my cap to you for the effort, but you must have realized by now the futility in it. Anything other than a negative comment about how bad things are or are about to be, will be disagreed with by most people in here. There are exceptions, but I do not think there are many that would view things as you do.
It is not for me to say who is right or wrong, but I am much less negative about housing than most here, but still bearish. Most people in here view housing as a day trading vehicle, whose value they will monitor on an hourly basis once they finally buy a home. As a result, when the trend in pricing is down, they will not agree with your logic. They will be horribly stressed out if their home does not appreciate in the first 6 months they own it. There is no question if that is one’s view, this is no time to buy.
As someone who has a longer term view like I do, I agree for the most part with what you have stated, I did buy back in 7 months ago at a huge discount, and was content for getting a good deal. I bought so cheap that the value of my house has still not declined anwhere near to what I paid for it. This is what I think many in here miss, things are so bad right now that individual properties can be bought in the right circumstances, very near to where their lowest point will be in the future.
Chris Scoreboard Johnston
ParticipantRO – I tip my cap to you for the effort, but you must have realized by now the futility in it. Anything other than a negative comment about how bad things are or are about to be, will be disagreed with by most people in here. There are exceptions, but I do not think there are many that would view things as you do.
It is not for me to say who is right or wrong, but I am much less negative about housing than most here, but still bearish. Most people in here view housing as a day trading vehicle, whose value they will monitor on an hourly basis once they finally buy a home. As a result, when the trend in pricing is down, they will not agree with your logic. They will be horribly stressed out if their home does not appreciate in the first 6 months they own it. There is no question if that is one’s view, this is no time to buy.
As someone who has a longer term view like I do, I agree for the most part with what you have stated, I did buy back in 7 months ago at a huge discount, and was content for getting a good deal. I bought so cheap that the value of my house has still not declined anwhere near to what I paid for it. This is what I think many in here miss, things are so bad right now that individual properties can be bought in the right circumstances, very near to where their lowest point will be in the future.
Chris Scoreboard Johnston
ParticipantRO – I tip my cap to you for the effort, but you must have realized by now the futility in it. Anything other than a negative comment about how bad things are or are about to be, will be disagreed with by most people in here. There are exceptions, but I do not think there are many that would view things as you do.
It is not for me to say who is right or wrong, but I am much less negative about housing than most here, but still bearish. Most people in here view housing as a day trading vehicle, whose value they will monitor on an hourly basis once they finally buy a home. As a result, when the trend in pricing is down, they will not agree with your logic. They will be horribly stressed out if their home does not appreciate in the first 6 months they own it. There is no question if that is one’s view, this is no time to buy.
As someone who has a longer term view like I do, I agree for the most part with what you have stated, I did buy back in 7 months ago at a huge discount, and was content for getting a good deal. I bought so cheap that the value of my house has still not declined anwhere near to what I paid for it. This is what I think many in here miss, things are so bad right now that individual properties can be bought in the right circumstances, very near to where their lowest point will be in the future.
Chris Scoreboard Johnston
ParticipantRO – I tip my cap to you for the effort, but you must have realized by now the futility in it. Anything other than a negative comment about how bad things are or are about to be, will be disagreed with by most people in here. There are exceptions, but I do not think there are many that would view things as you do.
It is not for me to say who is right or wrong, but I am much less negative about housing than most here, but still bearish. Most people in here view housing as a day trading vehicle, whose value they will monitor on an hourly basis once they finally buy a home. As a result, when the trend in pricing is down, they will not agree with your logic. They will be horribly stressed out if their home does not appreciate in the first 6 months they own it. There is no question if that is one’s view, this is no time to buy.
As someone who has a longer term view like I do, I agree for the most part with what you have stated, I did buy back in 7 months ago at a huge discount, and was content for getting a good deal. I bought so cheap that the value of my house has still not declined anwhere near to what I paid for it. This is what I think many in here miss, things are so bad right now that individual properties can be bought in the right circumstances, very near to where their lowest point will be in the future.
Chris Scoreboard Johnston
ParticipantRO – I tip my cap to you for the effort, but you must have realized by now the futility in it. Anything other than a negative comment about how bad things are or are about to be, will be disagreed with by most people in here. There are exceptions, but I do not think there are many that would view things as you do.
It is not for me to say who is right or wrong, but I am much less negative about housing than most here, but still bearish. Most people in here view housing as a day trading vehicle, whose value they will monitor on an hourly basis once they finally buy a home. As a result, when the trend in pricing is down, they will not agree with your logic. They will be horribly stressed out if their home does not appreciate in the first 6 months they own it. There is no question if that is one’s view, this is no time to buy.
As someone who has a longer term view like I do, I agree for the most part with what you have stated, I did buy back in 7 months ago at a huge discount, and was content for getting a good deal. I bought so cheap that the value of my house has still not declined anwhere near to what I paid for it. This is what I think many in here miss, things are so bad right now that individual properties can be bought in the right circumstances, very near to where their lowest point will be in the future.
Chris Scoreboard Johnston
ParticipantThat is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.
Chris Scoreboard Johnston
ParticipantThat is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.
Chris Scoreboard Johnston
ParticipantThat is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.
Chris Scoreboard Johnston
ParticipantThat is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.
Chris Scoreboard Johnston
ParticipantThat is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.
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