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spdrun
ParticipantIf the Fed can stage-manage this into a correction, then a SLOW melt-up, then it would be a brilliant coup, unlike 2003 and 2009.
Seriously, this is an opportunity for the Fed and Congress to work together on real stimulus vs blowing bubbles.
spdrun
ParticipantHopefully, a new high won’t happen soon. There are two choices:
(1) A 10-20% additional correction, taking us to mid-2013 levels on the indices.
(2) Another bounce to unrealistic valuations and then 50-60% down a year from now.Corrections are healthy and normal. Best possible choice would be (1) followed by a flat market for years or a very slow melt-up. We need steadiness and predictability, not a constant roller coaster of speculative bubbles.
spdrun
ParticipantNASDAQ is down 10.3% off peak. We’re officially in a correction.
spdrun
ParticipantHopefully this will be “corrected” this winter. For all cities. At least for a few months before the fucks at the Fed start printing again.
spdrun
Participant^^^
Different design considerations. Tank-type or whole-house instant water heaters are common in the US. Point water heaters with the plumbing being cold-only are more common in Europe. Hot water might not be available in (say) a utility room.
On the other hand, US houses might not have the wiring required to support a washing machine heating coil in the laundry room. You’re talking probably 30 amps at 240V, if not more. Whereas a standard North American washer runs at 120V/15A. Same with a gas dryer.
spdrun
ParticipantHopefully, nobody. Monopolies suck.
Though it would be nice to see a standard that allows mobile devices to basically seamlessly VPN into a home network and then speak to your appliances without using cloud servers as intermediaries. Think of a highly adapted deployment of Hamachi.
Turn ONE app on that gives you a gateway to the home. Then you can either talk to different devices via a Web browser (for simple stuff, who needs an app?) or run apps that talk to the devices.
spdrun
ParticipantKills bacteria? Removes stains? Boils Ebola viruses to death?
spdrun
ParticipantControlling a washer/dryer with a smartphone is about as useful as mammary papillae on a porcine male. You still have to load/unload it, so it’s not like you can load more schmatas and start a new cycle remotely.
spdrun
Participant^^^ Meddlers in DC?
spdrun
ParticipantYes, I think some people tweak things to make them work. Of course, none of this should be necessary, IMO, as machines should do what the owners want them to do. HE and other “green” technologies should always be one of the options, but it should always be an option. All too often, the “green” technologies end up doing far more harm than good, like when these machines give out after 5 years instead of 20, or when people have to double or triple-wash their clothes (or dishes, in the case of dishwashers…or flush 2, 3, or more times in the case of toilets, etc.) in order to get the same performance as the “non-green” goods and appliances.
Agreed – but only coupled with higher energy taxes in order to provide economic incentive to adopt more efficient tech when possible. I’d much rather have that sort of thing “enforced” by high taxes so that people would WANT more efficient hardware, as opposed to outright regulatory mandates.
spdrun
ParticipantI wonder: speaking of Euro appliances — will one be able to get Euro washers with internal heaters post-2015? Some of them go up to 80-90C, close to boiling.
I’m assuming the motors are variable-frequency AC drive, so there’s no reason why they wouldn’t run on 240V/60hz as available in the US. Perhaps there would be a market importing via Mexico.
spdrun
ParticipantWhat if you connect both hot and cold hoses of the machine to hot water supply, or have a valve that allows you to cross-connect the cold hose to hot water when you need an extra hot wash?
New machines seem to be gimped to a max wash temperature of 120F. What about altering the thermistor that senses water temperature to make it think that the water is 10-20F colder than it is? Should be a simple circuit change.
Or if the circuit is more complex, isolating the sensor from the water flow and just hanging it out in the air would force it to go to full-hot…
spdrun
ParticipantWhy is a correction a bad thing or something to be wished away? You don’t have to be long stocks if you don’t want to be, you know.
Better than an over-inflated, fellated, Obamanated, B.S. (Bernanke) market corrects 10-20% now than 50% in a year or two.
A correction or even a crash is just a buying opportunity. Personally, I hope the market doesn’t decrease further till the October Fed meeting, they taper to zero (and aren’t given an excuse to delay euthanasia of QE3), then the real correction starts!
Another 20% down on the NASDAQ will take us to mid-2013 territory. Not the end of the world.
spdrun
ParticipantWhy I keep saying interest rates aren’t going up significantly anytime soon…Europe is scared of deflation again.
Well … stocks hard-declined after QE2 was euthanized in 2011, even with ZIRP continuing. Possibly the end of QE3 will have the same result, along with real-estate — would be one MOTHER of a buying opportunity. Will take six months for the Fedheads to come up with a way to kick the can further down the road. In the mean time, buyer’s market, BABY!
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