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February 29, 2008 at 3:44 PM in reply to: DOW rockets in the final hours. Are Boom times back? #162866February 29, 2008 at 3:44 PM in reply to: DOW rockets in the final hours. Are Boom times back? #163171
OC Burns
ParticipantWell if it was the PPT as has been suggested, Monday will be quite a show after today’s haircut.
Another round of horrible news followed by a 200 point gain?
February 29, 2008 at 3:44 PM in reply to: DOW rockets in the final hours. Are Boom times back? #163184ParticipantWell if it was the PPT as has been suggested, Monday will be quite a show after today’s haircut.
Another round of horrible news followed by a 200 point gain?
February 29, 2008 at 3:44 PM in reply to: DOW rockets in the final hours. Are Boom times back? #163196ParticipantWell if it was the PPT as has been suggested, Monday will be quite a show after today’s haircut.
Another round of horrible news followed by a 200 point gain?
February 29, 2008 at 3:44 PM in reply to: DOW rockets in the final hours. Are Boom times back? #163276ParticipantWell if it was the PPT as has been suggested, Monday will be quite a show after today’s haircut.
Another round of horrible news followed by a 200 point gain?
ParticipantWhy do people have have such visceral negative reactions to dropping house values?
Because they already own a home? Even if they have good cash flow, nobody likes to see their largest asset fall off a cliff.
What if they can afford to buy more home, and they can afford to stay and keep paying their current loan, but they cannot afford to sell because they’d have to realize a loss?
We bought in 2003 with 20% down and I can easily see this becoming the case in our situation.
ParticipantWhy do people have have such visceral negative reactions to dropping house values?
Because they already own a home? Even if they have good cash flow, nobody likes to see their largest asset fall off a cliff.
What if they can afford to buy more home, and they can afford to stay and keep paying their current loan, but they cannot afford to sell because they’d have to realize a loss?
We bought in 2003 with 20% down and I can easily see this becoming the case in our situation.
ParticipantWhy do people have have such visceral negative reactions to dropping house values?
Because they already own a home? Even if they have good cash flow, nobody likes to see their largest asset fall off a cliff.
What if they can afford to buy more home, and they can afford to stay and keep paying their current loan, but they cannot afford to sell because they’d have to realize a loss?
We bought in 2003 with 20% down and I can easily see this becoming the case in our situation.
ParticipantWhy do people have have such visceral negative reactions to dropping house values?
Because they already own a home? Even if they have good cash flow, nobody likes to see their largest asset fall off a cliff.
What if they can afford to buy more home, and they can afford to stay and keep paying their current loan, but they cannot afford to sell because they’d have to realize a loss?
We bought in 2003 with 20% down and I can easily see this becoming the case in our situation.
ParticipantWhy do people have have such visceral negative reactions to dropping house values?
Because they already own a home? Even if they have good cash flow, nobody likes to see their largest asset fall off a cliff.
What if they can afford to buy more home, and they can afford to stay and keep paying their current loan, but they cannot afford to sell because they’d have to realize a loss?
We bought in 2003 with 20% down and I can easily see this becoming the case in our situation.
ParticipantI’m glad I wasn’t the only one thinking, “wait…what wont they be buying?”
Perhaps the retail numbers are from lesser-earning, middle-class people who want to feel and look wealthy but aren’t actually worth $1-$10 Mil. When your home ATM stops pumping, the land of make-believe becomes too expensive again.
ParticipantI’m glad I wasn’t the only one thinking, “wait…what wont they be buying?”
Perhaps the retail numbers are from lesser-earning, middle-class people who want to feel and look wealthy but aren’t actually worth $1-$10 Mil. When your home ATM stops pumping, the land of make-believe becomes too expensive again.
ParticipantI’m glad I wasn’t the only one thinking, “wait…what wont they be buying?”
Perhaps the retail numbers are from lesser-earning, middle-class people who want to feel and look wealthy but aren’t actually worth $1-$10 Mil. When your home ATM stops pumping, the land of make-believe becomes too expensive again.
ParticipantI’m glad I wasn’t the only one thinking, “wait…what wont they be buying?”
Perhaps the retail numbers are from lesser-earning, middle-class people who want to feel and look wealthy but aren’t actually worth $1-$10 Mil. When your home ATM stops pumping, the land of make-believe becomes too expensive again.
ParticipantI’m glad I wasn’t the only one thinking, “wait…what wont they be buying?”
Perhaps the retail numbers are from lesser-earning, middle-class people who want to feel and look wealthy but aren’t actually worth $1-$10 Mil. When your home ATM stops pumping, the land of make-believe becomes too expensive again.
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