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peterb
Participantparamount–exactly!!
peterb
Participantparamount–exactly!!
peterb
Participantparamount–exactly!!
peterb
ParticipantUnemployment hits 8.6% in CA and 6.8% in the USA. More lay-offs are being announced every day. The last 6 years of economic growth is really just massive credit expansion that is now contracting. The trend is markedly downward with strong momentum. But if you’ve got your health, you’ve really got everything. So that’s what eveyone should be feeling good about. Making money happens up and down the cycle. Just play it. Dont judge it.
But I applaud your enthusiasm and positive spin as it will help propell this sucker rally into spring and set-up another fantastic shorting opportunity. It’s a beautiful thing to work the market in both directions.
And for those tracking rents, I’ve been readiing Ward Hannigans’ site lately and both he and Bruce Norris are seeing rents start to cave in Riverside County and some parts of SD county. Worth a read. These guys are pro’s.
Merry Christmas.Happy New Year.
peterb
ParticipantUnemployment hits 8.6% in CA and 6.8% in the USA. More lay-offs are being announced every day. The last 6 years of economic growth is really just massive credit expansion that is now contracting. The trend is markedly downward with strong momentum. But if you’ve got your health, you’ve really got everything. So that’s what eveyone should be feeling good about. Making money happens up and down the cycle. Just play it. Dont judge it.
But I applaud your enthusiasm and positive spin as it will help propell this sucker rally into spring and set-up another fantastic shorting opportunity. It’s a beautiful thing to work the market in both directions.
And for those tracking rents, I’ve been readiing Ward Hannigans’ site lately and both he and Bruce Norris are seeing rents start to cave in Riverside County and some parts of SD county. Worth a read. These guys are pro’s.
Merry Christmas.Happy New Year.
peterb
ParticipantUnemployment hits 8.6% in CA and 6.8% in the USA. More lay-offs are being announced every day. The last 6 years of economic growth is really just massive credit expansion that is now contracting. The trend is markedly downward with strong momentum. But if you’ve got your health, you’ve really got everything. So that’s what eveyone should be feeling good about. Making money happens up and down the cycle. Just play it. Dont judge it.
But I applaud your enthusiasm and positive spin as it will help propell this sucker rally into spring and set-up another fantastic shorting opportunity. It’s a beautiful thing to work the market in both directions.
And for those tracking rents, I’ve been readiing Ward Hannigans’ site lately and both he and Bruce Norris are seeing rents start to cave in Riverside County and some parts of SD county. Worth a read. These guys are pro’s.
Merry Christmas.Happy New Year.
peterb
ParticipantUnemployment hits 8.6% in CA and 6.8% in the USA. More lay-offs are being announced every day. The last 6 years of economic growth is really just massive credit expansion that is now contracting. The trend is markedly downward with strong momentum. But if you’ve got your health, you’ve really got everything. So that’s what eveyone should be feeling good about. Making money happens up and down the cycle. Just play it. Dont judge it.
But I applaud your enthusiasm and positive spin as it will help propell this sucker rally into spring and set-up another fantastic shorting opportunity. It’s a beautiful thing to work the market in both directions.
And for those tracking rents, I’ve been readiing Ward Hannigans’ site lately and both he and Bruce Norris are seeing rents start to cave in Riverside County and some parts of SD county. Worth a read. These guys are pro’s.
Merry Christmas.Happy New Year.
peterb
ParticipantUnemployment hits 8.6% in CA and 6.8% in the USA. More lay-offs are being announced every day. The last 6 years of economic growth is really just massive credit expansion that is now contracting. The trend is markedly downward with strong momentum. But if you’ve got your health, you’ve really got everything. So that’s what eveyone should be feeling good about. Making money happens up and down the cycle. Just play it. Dont judge it.
But I applaud your enthusiasm and positive spin as it will help propell this sucker rally into spring and set-up another fantastic shorting opportunity. It’s a beautiful thing to work the market in both directions.
And for those tracking rents, I’ve been readiing Ward Hannigans’ site lately and both he and Bruce Norris are seeing rents start to cave in Riverside County and some parts of SD county. Worth a read. These guys are pro’s.
Merry Christmas.Happy New Year.
peterb
ParticipantMarc Faber says the global financial system is imploding. He’s good a fair track record at calling collapses.
peterb
ParticipantMarc Faber says the global financial system is imploding. He’s good a fair track record at calling collapses.
peterb
ParticipantMarc Faber says the global financial system is imploding. He’s good a fair track record at calling collapses.
peterb
ParticipantMarc Faber says the global financial system is imploding. He’s good a fair track record at calling collapses.
peterb
ParticipantMarc Faber says the global financial system is imploding. He’s good a fair track record at calling collapses.
December 12, 2008 at 9:18 AM in reply to: How high goes the rally on Obama infrastructure spending? #314676peterb
ParticipantI’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.
Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.
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