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SD Realtor
ParticipantActually Scaredycat your analysis is incorrect.
Lets set the facts. August of 29 the DOW peaked at about 380. From there it went down in a classic lower lows, and lower highs series of cyclical patterns until it bottomed out in July of 1932 at 41. So about a 92% loss. Now, you cannot find any retracement in that secular decline from August of 29 to July of 1932 a retracement that exceeded much more then 22%. Nothing at all.
Now it is true that up until our March lows the Dow was exhibiting a very similar pattern to the depression behavior. However we have blown that out of the water and the retracement we have seen has blown through the retracements seen in 1929, 1930, 1931, and 1932.
In fact the retracement we have seen since March of 2009 looks EXACTLY like the retracement seen in July of 1932. Not a little bit like it, but just like it.
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Now can we go back down? Of course. You are right the old way of doing business is done. The old way had to do with free markets and we are steering away from that. However that changes nothing about the rich getting richer. Nor does it change the fact that perception is much more important then reality and as long as government manipulation is alive and well, perceptions of our markets will be maintained. I am not saying our economy is healthy by any means. I am saying it doesnt really matter.
SD Realtor
ParticipantActually Scaredycat your analysis is incorrect.
Lets set the facts. August of 29 the DOW peaked at about 380. From there it went down in a classic lower lows, and lower highs series of cyclical patterns until it bottomed out in July of 1932 at 41. So about a 92% loss. Now, you cannot find any retracement in that secular decline from August of 29 to July of 1932 a retracement that exceeded much more then 22%. Nothing at all.
Now it is true that up until our March lows the Dow was exhibiting a very similar pattern to the depression behavior. However we have blown that out of the water and the retracement we have seen has blown through the retracements seen in 1929, 1930, 1931, and 1932.
In fact the retracement we have seen since March of 2009 looks EXACTLY like the retracement seen in July of 1932. Not a little bit like it, but just like it.
**************************************
Now can we go back down? Of course. You are right the old way of doing business is done. The old way had to do with free markets and we are steering away from that. However that changes nothing about the rich getting richer. Nor does it change the fact that perception is much more important then reality and as long as government manipulation is alive and well, perceptions of our markets will be maintained. I am not saying our economy is healthy by any means. I am saying it doesnt really matter.
SD Realtor
ParticipantActually Scaredycat your analysis is incorrect.
Lets set the facts. August of 29 the DOW peaked at about 380. From there it went down in a classic lower lows, and lower highs series of cyclical patterns until it bottomed out in July of 1932 at 41. So about a 92% loss. Now, you cannot find any retracement in that secular decline from August of 29 to July of 1932 a retracement that exceeded much more then 22%. Nothing at all.
Now it is true that up until our March lows the Dow was exhibiting a very similar pattern to the depression behavior. However we have blown that out of the water and the retracement we have seen has blown through the retracements seen in 1929, 1930, 1931, and 1932.
In fact the retracement we have seen since March of 2009 looks EXACTLY like the retracement seen in July of 1932. Not a little bit like it, but just like it.
**************************************
Now can we go back down? Of course. You are right the old way of doing business is done. The old way had to do with free markets and we are steering away from that. However that changes nothing about the rich getting richer. Nor does it change the fact that perception is much more important then reality and as long as government manipulation is alive and well, perceptions of our markets will be maintained. I am not saying our economy is healthy by any means. I am saying it doesnt really matter.
SD Realtor
ParticipantI totally agree with your comments. I dont think it was wise for him to say the arrest was stupid. I think he could have said something like there has been a history of racial profiling among various law enforcement agencies but it would not be wise for me to comment on this particular case until I learn all of the facts.
SD Realtor
ParticipantI totally agree with your comments. I dont think it was wise for him to say the arrest was stupid. I think he could have said something like there has been a history of racial profiling among various law enforcement agencies but it would not be wise for me to comment on this particular case until I learn all of the facts.
SD Realtor
ParticipantI totally agree with your comments. I dont think it was wise for him to say the arrest was stupid. I think he could have said something like there has been a history of racial profiling among various law enforcement agencies but it would not be wise for me to comment on this particular case until I learn all of the facts.
SD Realtor
ParticipantI totally agree with your comments. I dont think it was wise for him to say the arrest was stupid. I think he could have said something like there has been a history of racial profiling among various law enforcement agencies but it would not be wise for me to comment on this particular case until I learn all of the facts.
SD Realtor
ParticipantI totally agree with your comments. I dont think it was wise for him to say the arrest was stupid. I think he could have said something like there has been a history of racial profiling among various law enforcement agencies but it would not be wise for me to comment on this particular case until I learn all of the facts.
SD Realtor
ParticipantWhat I have odds on the issue is that I don’t believe that the president should have made a judgement about calling the police action stupid.
It may have been stupid, it may not have been stupid. I don’t believe that all the facts were vetted out at the time that he made the statement.
However my opinions are as such:
I think that if Gates were a famous white Harvard professor nothing would have been made of this.
I think that if the cop that arrested Gates would have been Black then Gates would have acted in a different manner.
I think that it is sad that the woman that reported the incident is receiving death threats.
I do believe that racism is alive and well in America and to me that is a very very sad thing.
Obama had nothing to do with the arrest nor did he have anything to do with the subsequent media frenzy around it.
I think that as the president of the United States it would have been more prudent for him to wait until the case was fully investigated before calling the police activity stupid. (I am sorry you associate me with being a racist for feeling that way)
I actually think that comments on this issue by Bill Cosby were quite insightful and I absolutely agree with his assessments.
SD Realtor
ParticipantWhat I have odds on the issue is that I don’t believe that the president should have made a judgement about calling the police action stupid.
It may have been stupid, it may not have been stupid. I don’t believe that all the facts were vetted out at the time that he made the statement.
However my opinions are as such:
I think that if Gates were a famous white Harvard professor nothing would have been made of this.
I think that if the cop that arrested Gates would have been Black then Gates would have acted in a different manner.
I think that it is sad that the woman that reported the incident is receiving death threats.
I do believe that racism is alive and well in America and to me that is a very very sad thing.
Obama had nothing to do with the arrest nor did he have anything to do with the subsequent media frenzy around it.
I think that as the president of the United States it would have been more prudent for him to wait until the case was fully investigated before calling the police activity stupid. (I am sorry you associate me with being a racist for feeling that way)
I actually think that comments on this issue by Bill Cosby were quite insightful and I absolutely agree with his assessments.
SD Realtor
ParticipantWhat I have odds on the issue is that I don’t believe that the president should have made a judgement about calling the police action stupid.
It may have been stupid, it may not have been stupid. I don’t believe that all the facts were vetted out at the time that he made the statement.
However my opinions are as such:
I think that if Gates were a famous white Harvard professor nothing would have been made of this.
I think that if the cop that arrested Gates would have been Black then Gates would have acted in a different manner.
I think that it is sad that the woman that reported the incident is receiving death threats.
I do believe that racism is alive and well in America and to me that is a very very sad thing.
Obama had nothing to do with the arrest nor did he have anything to do with the subsequent media frenzy around it.
I think that as the president of the United States it would have been more prudent for him to wait until the case was fully investigated before calling the police activity stupid. (I am sorry you associate me with being a racist for feeling that way)
I actually think that comments on this issue by Bill Cosby were quite insightful and I absolutely agree with his assessments.
SD Realtor
ParticipantWhat I have odds on the issue is that I don’t believe that the president should have made a judgement about calling the police action stupid.
It may have been stupid, it may not have been stupid. I don’t believe that all the facts were vetted out at the time that he made the statement.
However my opinions are as such:
I think that if Gates were a famous white Harvard professor nothing would have been made of this.
I think that if the cop that arrested Gates would have been Black then Gates would have acted in a different manner.
I think that it is sad that the woman that reported the incident is receiving death threats.
I do believe that racism is alive and well in America and to me that is a very very sad thing.
Obama had nothing to do with the arrest nor did he have anything to do with the subsequent media frenzy around it.
I think that as the president of the United States it would have been more prudent for him to wait until the case was fully investigated before calling the police activity stupid. (I am sorry you associate me with being a racist for feeling that way)
I actually think that comments on this issue by Bill Cosby were quite insightful and I absolutely agree with his assessments.
SD Realtor
ParticipantWhat I have odds on the issue is that I don’t believe that the president should have made a judgement about calling the police action stupid.
It may have been stupid, it may not have been stupid. I don’t believe that all the facts were vetted out at the time that he made the statement.
However my opinions are as such:
I think that if Gates were a famous white Harvard professor nothing would have been made of this.
I think that if the cop that arrested Gates would have been Black then Gates would have acted in a different manner.
I think that it is sad that the woman that reported the incident is receiving death threats.
I do believe that racism is alive and well in America and to me that is a very very sad thing.
Obama had nothing to do with the arrest nor did he have anything to do with the subsequent media frenzy around it.
I think that as the president of the United States it would have been more prudent for him to wait until the case was fully investigated before calling the police activity stupid. (I am sorry you associate me with being a racist for feeling that way)
I actually think that comments on this issue by Bill Cosby were quite insightful and I absolutely agree with his assessments.
SD Realtor
Participantsubmitting a new package to the lender is a chore. the listing agent will hold on to your offer and not submit it unless they dont receive anything better in the next several weeks. However absolutely nothing holding you back from submitting.
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