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outtamojo
ParticipantBig HOA but if I see another one listed at the price I am gonna have to ask the wife to pull out some retirement funds once we make sure there are no surprises. Say, shouldn’t those Seahaus condos with the defects be selling for this much : )
Edit: oh I see the HOA includes utilites and other stuff and it is a 1rst floor unit but still, not bad.
ParticipantBig HOA but if I see another one listed at the price I am gonna have to ask the wife to pull out some retirement funds once we make sure there are no surprises. Say, shouldn’t those Seahaus condos with the defects be selling for this much : )
Edit: oh I see the HOA includes utilites and other stuff and it is a 1rst floor unit but still, not bad.
ParticipantBig HOA but if I see another one listed at the price I am gonna have to ask the wife to pull out some retirement funds once we make sure there are no surprises. Say, shouldn’t those Seahaus condos with the defects be selling for this much : )
Edit: oh I see the HOA includes utilites and other stuff and it is a 1rst floor unit but still, not bad.
ParticipantBig HOA but if I see another one listed at the price I am gonna have to ask the wife to pull out some retirement funds once we make sure there are no surprises. Say, shouldn’t those Seahaus condos with the defects be selling for this much : )
Edit: oh I see the HOA includes utilites and other stuff and it is a 1rst floor unit but still, not bad.
Participant[quote=ucodegen]
About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
I was looking at some of his predictions done in Dec 2009.. kind of interesting. Many which did come true.
http://wallstreetpit.com/13213-doug-kass-predictions-for-2010
1. Corporate profits soar 100% in the first quarter of 2010 from a year ago, while GDP jumps 4.5%. closer to to half right. GDP increase so far 2.7 2010Q1, 5.44 2009Q4 %
2. Housing and jobs fail to revive.
3. The U.S. dollar explodes higher. Did with respect to EU/Pound Sterling
7. Stocks drop by 10% in the first half of next year. – maybe off by a bit.. since it happened towards the end of the first half
7. Kass predicts that Goldman Sachs (GS) goes private. wouldn’t be surprised if this does occur, considering ‘financial reform’ bill will limit the hedging that GS can do. Most banks currently do less than the limit.. except GSSo far didn’t happen:
4. The price of gold topples. He said it was going to break down from $900.. it went up.. now around $1250
5. Central banks tighten earlier than expected. – TBD
6. A Middle East peace is upended due to an attack by Israel on Iran. TBD
9. Second-half 2010 GDP growth turns flat. TBD
10. Rate-sensitive stocks outperform; metals underperform…. TBD – Traditionally, rate sensitive stocks tend to be dividend stocks – because investors look primarily at return rates. The correlation is usually negative – so I do have a slight problem with this prediction.[/quote]Kind of hard to make a list of 20 things and have them all right : )
Kass was one of the original housing/equities bears but what set him apart from his one trick cronies was his call for equities to bottom sometime in March 09. Interesting to note that he’s currently heavy into the mortgage insurers, a move I have been hesitant to duplicate at current prices. Yeah, all in all it’s good to be skeptical
even if someone’s been right in the past…Participant[quote=ucodegen]
About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
I was looking at some of his predictions done in Dec 2009.. kind of interesting. Many which did come true.
http://wallstreetpit.com/13213-doug-kass-predictions-for-2010
1. Corporate profits soar 100% in the first quarter of 2010 from a year ago, while GDP jumps 4.5%. closer to to half right. GDP increase so far 2.7 2010Q1, 5.44 2009Q4 %
2. Housing and jobs fail to revive.
3. The U.S. dollar explodes higher. Did with respect to EU/Pound Sterling
7. Stocks drop by 10% in the first half of next year. – maybe off by a bit.. since it happened towards the end of the first half
7. Kass predicts that Goldman Sachs (GS) goes private. wouldn’t be surprised if this does occur, considering ‘financial reform’ bill will limit the hedging that GS can do. Most banks currently do less than the limit.. except GSSo far didn’t happen:
4. The price of gold topples. He said it was going to break down from $900.. it went up.. now around $1250
5. Central banks tighten earlier than expected. – TBD
6. A Middle East peace is upended due to an attack by Israel on Iran. TBD
9. Second-half 2010 GDP growth turns flat. TBD
10. Rate-sensitive stocks outperform; metals underperform…. TBD – Traditionally, rate sensitive stocks tend to be dividend stocks – because investors look primarily at return rates. The correlation is usually negative – so I do have a slight problem with this prediction.[/quote]Kind of hard to make a list of 20 things and have them all right : )
Kass was one of the original housing/equities bears but what set him apart from his one trick cronies was his call for equities to bottom sometime in March 09. Interesting to note that he’s currently heavy into the mortgage insurers, a move I have been hesitant to duplicate at current prices. Yeah, all in all it’s good to be skeptical
even if someone’s been right in the past…Participant[quote=ucodegen]
About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
I was looking at some of his predictions done in Dec 2009.. kind of interesting. Many which did come true.
http://wallstreetpit.com/13213-doug-kass-predictions-for-2010
1. Corporate profits soar 100% in the first quarter of 2010 from a year ago, while GDP jumps 4.5%. closer to to half right. GDP increase so far 2.7 2010Q1, 5.44 2009Q4 %
2. Housing and jobs fail to revive.
3. The U.S. dollar explodes higher. Did with respect to EU/Pound Sterling
7. Stocks drop by 10% in the first half of next year. – maybe off by a bit.. since it happened towards the end of the first half
7. Kass predicts that Goldman Sachs (GS) goes private. wouldn’t be surprised if this does occur, considering ‘financial reform’ bill will limit the hedging that GS can do. Most banks currently do less than the limit.. except GSSo far didn’t happen:
4. The price of gold topples. He said it was going to break down from $900.. it went up.. now around $1250
5. Central banks tighten earlier than expected. – TBD
6. A Middle East peace is upended due to an attack by Israel on Iran. TBD
9. Second-half 2010 GDP growth turns flat. TBD
10. Rate-sensitive stocks outperform; metals underperform…. TBD – Traditionally, rate sensitive stocks tend to be dividend stocks – because investors look primarily at return rates. The correlation is usually negative – so I do have a slight problem with this prediction.[/quote]Kind of hard to make a list of 20 things and have them all right : )
Kass was one of the original housing/equities bears but what set him apart from his one trick cronies was his call for equities to bottom sometime in March 09. Interesting to note that he’s currently heavy into the mortgage insurers, a move I have been hesitant to duplicate at current prices. Yeah, all in all it’s good to be skeptical
even if someone’s been right in the past…Participant[quote=ucodegen]
About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
I was looking at some of his predictions done in Dec 2009.. kind of interesting. Many which did come true.
http://wallstreetpit.com/13213-doug-kass-predictions-for-2010
1. Corporate profits soar 100% in the first quarter of 2010 from a year ago, while GDP jumps 4.5%. closer to to half right. GDP increase so far 2.7 2010Q1, 5.44 2009Q4 %
2. Housing and jobs fail to revive.
3. The U.S. dollar explodes higher. Did with respect to EU/Pound Sterling
7. Stocks drop by 10% in the first half of next year. – maybe off by a bit.. since it happened towards the end of the first half
7. Kass predicts that Goldman Sachs (GS) goes private. wouldn’t be surprised if this does occur, considering ‘financial reform’ bill will limit the hedging that GS can do. Most banks currently do less than the limit.. except GSSo far didn’t happen:
4. The price of gold topples. He said it was going to break down from $900.. it went up.. now around $1250
5. Central banks tighten earlier than expected. – TBD
6. A Middle East peace is upended due to an attack by Israel on Iran. TBD
9. Second-half 2010 GDP growth turns flat. TBD
10. Rate-sensitive stocks outperform; metals underperform…. TBD – Traditionally, rate sensitive stocks tend to be dividend stocks – because investors look primarily at return rates. The correlation is usually negative – so I do have a slight problem with this prediction.[/quote]Kind of hard to make a list of 20 things and have them all right : )
Kass was one of the original housing/equities bears but what set him apart from his one trick cronies was his call for equities to bottom sometime in March 09. Interesting to note that he’s currently heavy into the mortgage insurers, a move I have been hesitant to duplicate at current prices. Yeah, all in all it’s good to be skeptical
even if someone’s been right in the past…Participant[quote=ucodegen]
About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
I was looking at some of his predictions done in Dec 2009.. kind of interesting. Many which did come true.
http://wallstreetpit.com/13213-doug-kass-predictions-for-2010
1. Corporate profits soar 100% in the first quarter of 2010 from a year ago, while GDP jumps 4.5%. closer to to half right. GDP increase so far 2.7 2010Q1, 5.44 2009Q4 %
2. Housing and jobs fail to revive.
3. The U.S. dollar explodes higher. Did with respect to EU/Pound Sterling
7. Stocks drop by 10% in the first half of next year. – maybe off by a bit.. since it happened towards the end of the first half
7. Kass predicts that Goldman Sachs (GS) goes private. wouldn’t be surprised if this does occur, considering ‘financial reform’ bill will limit the hedging that GS can do. Most banks currently do less than the limit.. except GSSo far didn’t happen:
4. The price of gold topples. He said it was going to break down from $900.. it went up.. now around $1250
5. Central banks tighten earlier than expected. – TBD
6. A Middle East peace is upended due to an attack by Israel on Iran. TBD
9. Second-half 2010 GDP growth turns flat. TBD
10. Rate-sensitive stocks outperform; metals underperform…. TBD – Traditionally, rate sensitive stocks tend to be dividend stocks – because investors look primarily at return rates. The correlation is usually negative – so I do have a slight problem with this prediction.[/quote]Kind of hard to make a list of 20 things and have them all right : )
Kass was one of the original housing/equities bears but what set him apart from his one trick cronies was his call for equities to bottom sometime in March 09. Interesting to note that he’s currently heavy into the mortgage insurers, a move I have been hesitant to duplicate at current prices. Yeah, all in all it’s good to be skeptical
even if someone’s been right in the past…Participant[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
.[/quote]
Should I link Bernake’s quote in late 2005 that we are not in a housing bubble about to burst to refute this as evidence to the contrary?
No, it’s as irrelevant as that bump. Basically you are saying since this group of people said something negative and it did not come true therefore all negative comments about future economic developments are wrong. Or something to that affect.[/quote]
Go ahead, I laughed at him too, and Greenspan, and Lereah and nowadays, Roubini, Whitney. About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
Edit: I left out Mish the deflationist, who was admonished by a poster for recommending that folks buy a freezer and stock up on meats. I never did see his answer for that one…
Participant[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
.[/quote]
Should I link Bernake’s quote in late 2005 that we are not in a housing bubble about to burst to refute this as evidence to the contrary?
No, it’s as irrelevant as that bump. Basically you are saying since this group of people said something negative and it did not come true therefore all negative comments about future economic developments are wrong. Or something to that affect.[/quote]
Go ahead, I laughed at him too, and Greenspan, and Lereah and nowadays, Roubini, Whitney. About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
Edit: I left out Mish the deflationist, who was admonished by a poster for recommending that folks buy a freezer and stock up on meats. I never did see his answer for that one…
Participant[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
.[/quote]
Should I link Bernake’s quote in late 2005 that we are not in a housing bubble about to burst to refute this as evidence to the contrary?
No, it’s as irrelevant as that bump. Basically you are saying since this group of people said something negative and it did not come true therefore all negative comments about future economic developments are wrong. Or something to that affect.[/quote]
Go ahead, I laughed at him too, and Greenspan, and Lereah and nowadays, Roubini, Whitney. About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
Edit: I left out Mish the deflationist, who was admonished by a poster for recommending that folks buy a freezer and stock up on meats. I never did see his answer for that one…
Participant[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
.[/quote]
Should I link Bernake’s quote in late 2005 that we are not in a housing bubble about to burst to refute this as evidence to the contrary?
No, it’s as irrelevant as that bump. Basically you are saying since this group of people said something negative and it did not come true therefore all negative comments about future economic developments are wrong. Or something to that affect.[/quote]
Go ahead, I laughed at him too, and Greenspan, and Lereah and nowadays, Roubini, Whitney. About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
Edit: I left out Mish the deflationist, who was admonished by a poster for recommending that folks buy a freezer and stock up on meats. I never did see his answer for that one…
Participant[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
.[/quote]
Should I link Bernake’s quote in late 2005 that we are not in a housing bubble about to burst to refute this as evidence to the contrary?
No, it’s as irrelevant as that bump. Basically you are saying since this group of people said something negative and it did not come true therefore all negative comments about future economic developments are wrong. Or something to that affect.[/quote]
Go ahead, I laughed at him too, and Greenspan, and Lereah and nowadays, Roubini, Whitney. About the only guy I respect now on the semi big stage is Doug Kass who out predicted them all and I’ve never heard him mentioned here.
Edit: I left out Mish the deflationist, who was admonished by a poster for recommending that folks buy a freezer and stock up on meats. I never did see his answer for that one…
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