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NotCranky
ParticipantSome poor souls have nothing to do but hate. Hate the loser, hate the winner it doesn’t matter, if they can’t spell F&*% em all. The same people who wallow in the demise of this woman can’t stand the same stupid, poor spellers who made $500k for buying one shack in 1995.
Take this story. My former neighbor. Comes to San Diego circa 1997 with the intent to got to Mesa College and then do his pre-med at UCSD. He looks around and decides he could buy a house with 10K down from his Grandpa, or something like that, and rent rooms to his classmates.He pays no mortgage because the renters cover it all and has 400k in equity by the time he is doing his internship. Really nice guy too.He worked all the way through school(for as long as I knew him). He is now probably a young doctor with money. Can you imagine that, a doctor with money? Let’s start a new thread!
NotCranky
Participant“you’d think people were stoning a retarded pregnant girl instead of making harmless banter about a fool and her money.”
Hey Drunkle did you see the movie? That was one damn sad film. I think the female protagonist was retarded, schizmatic and pregnant,maybe bulemic too. http://en.wikipedia.org/wiki/Breaking_the_Waves
NotCranky
Participant“you’d think people were stoning a retarded pregnant girl instead of making harmless banter about a fool and her money.”
Hey Drunkle did you see the movie? That was one damn sad film. I think the female protagonist was retarded, schizmatic and pregnant,maybe bulemic too. http://en.wikipedia.org/wiki/Breaking_the_Waves
NotCranky
Participant“you’d think people were stoning a retarded pregnant girl instead of making harmless banter about a fool and her money.”
Hey Drunkle did you see the movie? That was one damn sad film. I think the female protagonist was retarded, schizmatic and pregnant,maybe bulemic too. http://en.wikipedia.org/wiki/Breaking_the_Waves
NotCranky
ParticipantI don’t really buy much of what Mr. Stein is saying. In another video clip I saw him as a panelist in turn of the year discussion of where housing prices would go in 2007. He recommended that people buy the house they love and can afford and don’t give it another thought. Maybe he should have qualified that a little better.
This is from the post you link HLS:
“That’s what’s been happening the past couple of weeks. But it’s not interesting to say that the speculators are whipping the market around to satisfy their money lust. So the speculators themselves make up reasons for why the market is fluctuating, flog those reasons to the media, and then profit if some other speculators believe the jive reasons and jump in the way the manipulators want them to.”Some people call it volatility. I have tended to agree with Mr. Stein’s conclusion on the topic. I call it the “Shake and Take” episode of the market, named after the “shake and bake” after a phrase from basketball. The volume coupled with variety of stocks and the odd directions they are taking make me curious.I am loathe to align it as bullish or bearish. I am bearish in general in equities.
NotCranky
ParticipantI don’t really buy much of what Mr. Stein is saying. In another video clip I saw him as a panelist in turn of the year discussion of where housing prices would go in 2007. He recommended that people buy the house they love and can afford and don’t give it another thought. Maybe he should have qualified that a little better.
This is from the post you link HLS:
“That’s what’s been happening the past couple of weeks. But it’s not interesting to say that the speculators are whipping the market around to satisfy their money lust. So the speculators themselves make up reasons for why the market is fluctuating, flog those reasons to the media, and then profit if some other speculators believe the jive reasons and jump in the way the manipulators want them to.”Some people call it volatility. I have tended to agree with Mr. Stein’s conclusion on the topic. I call it the “Shake and Take” episode of the market, named after the “shake and bake” after a phrase from basketball. The volume coupled with variety of stocks and the odd directions they are taking make me curious.I am loathe to align it as bullish or bearish. I am bearish in general in equities.
NotCranky
ParticipantI don’t really buy much of what Mr. Stein is saying. In another video clip I saw him as a panelist in turn of the year discussion of where housing prices would go in 2007. He recommended that people buy the house they love and can afford and don’t give it another thought. Maybe he should have qualified that a little better.
This is from the post you link HLS:
“That’s what’s been happening the past couple of weeks. But it’s not interesting to say that the speculators are whipping the market around to satisfy their money lust. So the speculators themselves make up reasons for why the market is fluctuating, flog those reasons to the media, and then profit if some other speculators believe the jive reasons and jump in the way the manipulators want them to.”Some people call it volatility. I have tended to agree with Mr. Stein’s conclusion on the topic. I call it the “Shake and Take” episode of the market, named after the “shake and bake” after a phrase from basketball. The volume coupled with variety of stocks and the odd directions they are taking make me curious.I am loathe to align it as bullish or bearish. I am bearish in general in equities.
NotCranky
Participantmacro/micro can both go to hell and some people are going to be just Fine. Yes our ability to grow wealth MAY be impacted but I don’t liken that to drowning. I call that a good opportunity to help each other, rest and eat seafood and drink beer.
NotCranky
Participantmacro/micro can both go to hell and some people are going to be just Fine. Yes our ability to grow wealth MAY be impacted but I don’t liken that to drowning. I call that a good opportunity to help each other, rest and eat seafood and drink beer.
NotCranky
Participantmacro/micro can both go to hell and some people are going to be just Fine. Yes our ability to grow wealth MAY be impacted but I don’t liken that to drowning. I call that a good opportunity to help each other, rest and eat seafood and drink beer.
August 8, 2007 at 11:20 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71847NotCranky
Participant“No matter what, it’s still going to take years before this is over”
This realization finally hit me last week. It was a big disappointment. Knowing and facing reality is always a big charge though. I am not contradicting my chunk remarks. I am just saying that even with 20% drops in a year,should it happen, we don’t have a healthy market nor are hopes of repeating the gains of the last cycle anything like part of the equation at that point.
August 8, 2007 at 11:20 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71963NotCranky
Participant“No matter what, it’s still going to take years before this is over”
This realization finally hit me last week. It was a big disappointment. Knowing and facing reality is always a big charge though. I am not contradicting my chunk remarks. I am just saying that even with 20% drops in a year,should it happen, we don’t have a healthy market nor are hopes of repeating the gains of the last cycle anything like part of the equation at that point.
August 8, 2007 at 11:20 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71972NotCranky
Participant“No matter what, it’s still going to take years before this is over”
This realization finally hit me last week. It was a big disappointment. Knowing and facing reality is always a big charge though. I am not contradicting my chunk remarks. I am just saying that even with 20% drops in a year,should it happen, we don’t have a healthy market nor are hopes of repeating the gains of the last cycle anything like part of the equation at that point.
August 8, 2007 at 11:00 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71838NotCranky
Participant“R,
Sounds like you are back on the Big Chunk side aftera brief period of uncertainty”Actually my comments reflecting “uncertainty” are more of a reflection of trying ot debate “politely”. If I understand “polite” debate, one component is that you insert the other guys insights and opinions into your commentary somehow. I think I got a little too polite once by saying you guys “have me on the fence”. Now I understand why people are reluctant to do that.If you follow my trail after the politenesses you will always see where I have stood.That said my buddy Cy is in the slow camp along with a few others like yourself so why should I get hostile about it? There is always religion, Bush or the wars to get hostile about(in some other forum)unless JG comes back.
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