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December 16, 2008 at 5:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316381December 16, 2008 at 5:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316732Running BearParticipant
I have a quote for all of you thinking everything is now great and we have nowhere to go but up.
“You cannot solve problems with the same level of consciousness that created them.”
-Albert EinsteinSo we are going to solve too much credit expansion and easy money with even more credit expansion and easy money. We are making this problem even worse down the road. We may be able to put this off for a little longer but it will only make it much worse. Final quote.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
-Ludwig von MisesSo who is going to lend us all this money again?
My2Cents
December 16, 2008 at 5:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316774Running BearParticipantI have a quote for all of you thinking everything is now great and we have nowhere to go but up.
“You cannot solve problems with the same level of consciousness that created them.”
-Albert EinsteinSo we are going to solve too much credit expansion and easy money with even more credit expansion and easy money. We are making this problem even worse down the road. We may be able to put this off for a little longer but it will only make it much worse. Final quote.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
-Ludwig von MisesSo who is going to lend us all this money again?
My2Cents
December 16, 2008 at 5:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316793Running BearParticipantI have a quote for all of you thinking everything is now great and we have nowhere to go but up.
“You cannot solve problems with the same level of consciousness that created them.”
-Albert EinsteinSo we are going to solve too much credit expansion and easy money with even more credit expansion and easy money. We are making this problem even worse down the road. We may be able to put this off for a little longer but it will only make it much worse. Final quote.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
-Ludwig von MisesSo who is going to lend us all this money again?
My2Cents
December 16, 2008 at 5:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316869Running BearParticipantI have a quote for all of you thinking everything is now great and we have nowhere to go but up.
“You cannot solve problems with the same level of consciousness that created them.”
-Albert EinsteinSo we are going to solve too much credit expansion and easy money with even more credit expansion and easy money. We are making this problem even worse down the road. We may be able to put this off for a little longer but it will only make it much worse. Final quote.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
-Ludwig von MisesSo who is going to lend us all this money again?
My2Cents
December 13, 2008 at 8:15 PM in reply to: How high goes the rally on Obama infrastructure spending? #315216Running BearParticipantThought I would throw my 2 cents in. My target for the upside in this rally is 1050 to 1100. I am mainly day trading now because I don’t like holding any position overnight. I am hoping the VIX will come down significantly so I can load up on long dated puts. GL to all. Play with money you can afford to lose. I am tired of hearing about people blowing up their accounts with money that they couldn’t lose. This market is a casino at this point and you shouldn’t treat it as anything else.
December 13, 2008 at 8:15 PM in reply to: How high goes the rally on Obama infrastructure spending? #315572Running BearParticipantThought I would throw my 2 cents in. My target for the upside in this rally is 1050 to 1100. I am mainly day trading now because I don’t like holding any position overnight. I am hoping the VIX will come down significantly so I can load up on long dated puts. GL to all. Play with money you can afford to lose. I am tired of hearing about people blowing up their accounts with money that they couldn’t lose. This market is a casino at this point and you shouldn’t treat it as anything else.
December 13, 2008 at 8:15 PM in reply to: How high goes the rally on Obama infrastructure spending? #315606Running BearParticipantThought I would throw my 2 cents in. My target for the upside in this rally is 1050 to 1100. I am mainly day trading now because I don’t like holding any position overnight. I am hoping the VIX will come down significantly so I can load up on long dated puts. GL to all. Play with money you can afford to lose. I am tired of hearing about people blowing up their accounts with money that they couldn’t lose. This market is a casino at this point and you shouldn’t treat it as anything else.
December 13, 2008 at 8:15 PM in reply to: How high goes the rally on Obama infrastructure spending? #315629Running BearParticipantThought I would throw my 2 cents in. My target for the upside in this rally is 1050 to 1100. I am mainly day trading now because I don’t like holding any position overnight. I am hoping the VIX will come down significantly so I can load up on long dated puts. GL to all. Play with money you can afford to lose. I am tired of hearing about people blowing up their accounts with money that they couldn’t lose. This market is a casino at this point and you shouldn’t treat it as anything else.
December 13, 2008 at 8:15 PM in reply to: How high goes the rally on Obama infrastructure spending? #315702Running BearParticipantThought I would throw my 2 cents in. My target for the upside in this rally is 1050 to 1100. I am mainly day trading now because I don’t like holding any position overnight. I am hoping the VIX will come down significantly so I can load up on long dated puts. GL to all. Play with money you can afford to lose. I am tired of hearing about people blowing up their accounts with money that they couldn’t lose. This market is a casino at this point and you shouldn’t treat it as anything else.
November 13, 2008 at 7:10 AM in reply to: Just wondering where all the “Bring it on people” are at #303715Running BearParticipantZk,
I am in cash right now because the dollar is the world reserve currency and as assets are liquidated the dollar will rise. Once this liquidation process is over, we will see the quote come into play. If the dollar wasn’t the reserve currency we would be seeing our currency getting crushed. I have the ability because of foreign holdings to move my money to any currency or asset very quickly. I am just in the dollar right now because of short term timing. I don’t plan on being there by the end of next year.
To answer your first question, I think it is pretty clear now that there will be no voluntary abandonment. We are going to be forced and it will come in the form of a bond market dislocation. Followed after that by the dollar crashing hard. At least that is my current thesis.
My2Cents
November 13, 2008 at 7:10 AM in reply to: Just wondering where all the “Bring it on people” are at #304078Running BearParticipantZk,
I am in cash right now because the dollar is the world reserve currency and as assets are liquidated the dollar will rise. Once this liquidation process is over, we will see the quote come into play. If the dollar wasn’t the reserve currency we would be seeing our currency getting crushed. I have the ability because of foreign holdings to move my money to any currency or asset very quickly. I am just in the dollar right now because of short term timing. I don’t plan on being there by the end of next year.
To answer your first question, I think it is pretty clear now that there will be no voluntary abandonment. We are going to be forced and it will come in the form of a bond market dislocation. Followed after that by the dollar crashing hard. At least that is my current thesis.
My2Cents
November 13, 2008 at 7:10 AM in reply to: Just wondering where all the “Bring it on people” are at #304090Running BearParticipantZk,
I am in cash right now because the dollar is the world reserve currency and as assets are liquidated the dollar will rise. Once this liquidation process is over, we will see the quote come into play. If the dollar wasn’t the reserve currency we would be seeing our currency getting crushed. I have the ability because of foreign holdings to move my money to any currency or asset very quickly. I am just in the dollar right now because of short term timing. I don’t plan on being there by the end of next year.
To answer your first question, I think it is pretty clear now that there will be no voluntary abandonment. We are going to be forced and it will come in the form of a bond market dislocation. Followed after that by the dollar crashing hard. At least that is my current thesis.
My2Cents
November 13, 2008 at 7:10 AM in reply to: Just wondering where all the “Bring it on people” are at #304106Running BearParticipantZk,
I am in cash right now because the dollar is the world reserve currency and as assets are liquidated the dollar will rise. Once this liquidation process is over, we will see the quote come into play. If the dollar wasn’t the reserve currency we would be seeing our currency getting crushed. I have the ability because of foreign holdings to move my money to any currency or asset very quickly. I am just in the dollar right now because of short term timing. I don’t plan on being there by the end of next year.
To answer your first question, I think it is pretty clear now that there will be no voluntary abandonment. We are going to be forced and it will come in the form of a bond market dislocation. Followed after that by the dollar crashing hard. At least that is my current thesis.
My2Cents
November 13, 2008 at 7:10 AM in reply to: Just wondering where all the “Bring it on people” are at #304163Running BearParticipantZk,
I am in cash right now because the dollar is the world reserve currency and as assets are liquidated the dollar will rise. Once this liquidation process is over, we will see the quote come into play. If the dollar wasn’t the reserve currency we would be seeing our currency getting crushed. I have the ability because of foreign holdings to move my money to any currency or asset very quickly. I am just in the dollar right now because of short term timing. I don’t plan on being there by the end of next year.
To answer your first question, I think it is pretty clear now that there will be no voluntary abandonment. We are going to be forced and it will come in the form of a bond market dislocation. Followed after that by the dollar crashing hard. At least that is my current thesis.
My2Cents
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