[TheBreeze]

Breeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.

I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉

[TheBreeze]

Breeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.

I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉

[TheBreeze]

Breeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.

I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉

[TheBreeze]

Breeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.

I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉

[TheBreeze]

Breeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.

I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉

[TheBreeze]

My time horizon is 15 years+. That is, if everything goes well, I could be early-retired (if I choose to do so) in 15 years. If things don’t go so well, I’ll have to push it out accordingly.

I’ve tried market timing in the past and found that I’m not so good at it. Periodic investing seems to work for me. I think it would be dumb for me to pull back from my periodic investments now given that I was doing periodic investments when the DOW was at 14K. There’s no doubt that putting money into the market now is much better than doing it when the market was at 14K.

Could the DOW go to 10K? Absolutely. Could it go to 7K? Possible, but very unlikely in my opinion. In any event, as long as I continue the periodic investing, I’ll get some in at the tops of course — but I’ll also get some in near the bottom. The risk of course is that I get laid off and have to stop the periodic investing. That could happen, but it’s a risk I’m willing to take.

[TheBreeze]

My time horizon is 15 years+. That is, if everything goes well, I could be early-retired (if I choose to do so) in 15 years. If things don’t go so well, I’ll have to push it out accordingly.

I’ve tried market timing in the past and found that I’m not so good at it. Periodic investing seems to work for me. I think it would be dumb for me to pull back from my periodic investments now given that I was doing periodic investments when the DOW was at 14K. There’s no doubt that putting money into the market now is much better than doing it when the market was at 14K.

Could the DOW go to 10K? Absolutely. Could it go to 7K? Possible, but very unlikely in my opinion. In any event, as long as I continue the periodic investing, I’ll get some in at the tops of course — but I’ll also get some in near the bottom. The risk of course is that I get laid off and have to stop the periodic investing. That could happen, but it’s a risk I’m willing to take.

[TheBreeze]

My time horizon is 15 years+. That is, if everything goes well, I could be early-retired (if I choose to do so) in 15 years. If things don’t go so well, I’ll have to push it out accordingly.

I’ve tried market timing in the past and found that I’m not so good at it. Periodic investing seems to work for me. I think it would be dumb for me to pull back from my periodic investments now given that I was doing periodic investments when the DOW was at 14K. There’s no doubt that putting money into the market now is much better than doing it when the market was at 14K.

Could the DOW go to 10K? Absolutely. Could it go to 7K? Possible, but very unlikely in my opinion. In any event, as long as I continue the periodic investing, I’ll get some in at the tops of course — but I’ll also get some in near the bottom. The risk of course is that I get laid off and have to stop the periodic investing. That could happen, but it’s a risk I’m willing to take.

[TheBreeze]

My time horizon is 15 years+. That is, if everything goes well, I could be early-retired (if I choose to do so) in 15 years. If things don’t go so well, I’ll have to push it out accordingly.

I’ve tried market timing in the past and found that I’m not so good at it. Periodic investing seems to work for me. I think it would be dumb for me to pull back from my periodic investments now given that I was doing periodic investments when the DOW was at 14K. There’s no doubt that putting money into the market now is much better than doing it when the market was at 14K.

Could the DOW go to 10K? Absolutely. Could it go to 7K? Possible, but very unlikely in my opinion. In any event, as long as I continue the periodic investing, I’ll get some in at the tops of course — but I’ll also get some in near the bottom. The risk of course is that I get laid off and have to stop the periodic investing. That could happen, but it’s a risk I’m willing to take.

[TheBreeze]

My time horizon is 15 years+. That is, if everything goes well, I could be early-retired (if I choose to do so) in 15 years. If things don’t go so well, I’ll have to push it out accordingly.

I’ve tried market timing in the past and found that I’m not so good at it. Periodic investing seems to work for me. I think it would be dumb for me to pull back from my periodic investments now given that I was doing periodic investments when the DOW was at 14K. There’s no doubt that putting money into the market now is much better than doing it when the market was at 14K.

Could the DOW go to 10K? Absolutely. Could it go to 7K? Possible, but very unlikely in my opinion. In any event, as long as I continue the periodic investing, I’ll get some in at the tops of course — but I’ll also get some in near the bottom. The risk of course is that I get laid off and have to stop the periodic investing. That could happen, but it’s a risk I’m willing to take.

[TheBreeze]

One thing that needs to be understood is that alot of our opinions and predications on this site are based upon our “frames of reference” or the world we live in and the respective lens in which we view the rest of the world.

Back in OCT 2007, I was speaking to my options broker in Cleveland, OH about the mortgage industry and the exposure that the financial institutions still had going forward. He has never heard of an OPTION ARM neg am loan and had no idea of 75% of the products that were made available to people. He only sees through his own 30 yr fixed fully amortized world in Cleveland, OHIO.

Good point. Wall Street still seems to be clueless about the cause of the downturn/crash in housing. Most of the guys I see on CNBC are focussed on interest rates when the real problem is mispriced assets. The price of houses became way too high due to all the 100% loans to unqualified people. Now, prices have to come down.

I’m still doing periodic investments into the market. I expect the next few years to be painful. Hopefully I’ll be able to rid out the upcoming market armegeddon.

[TheBreeze]

One thing that needs to be understood is that alot of our opinions and predications on this site are based upon our “frames of reference” or the world we live in and the respective lens in which we view the rest of the world.

Back in OCT 2007, I was speaking to my options broker in Cleveland, OH about the mortgage industry and the exposure that the financial institutions still had going forward. He has never heard of an OPTION ARM neg am loan and had no idea of 75% of the products that were made available to people. He only sees through his own 30 yr fixed fully amortized world in Cleveland, OHIO.

Good point. Wall Street still seems to be clueless about the cause of the downturn/crash in housing. Most of the guys I see on CNBC are focussed on interest rates when the real problem is mispriced assets. The price of houses became way too high due to all the 100% loans to unqualified people. Now, prices have to come down.

I’m still doing periodic investments into the market. I expect the next few years to be painful. Hopefully I’ll be able to rid out the upcoming market armegeddon.

[TheBreeze]

One thing that needs to be understood is that alot of our opinions and predications on this site are based upon our “frames of reference” or the world we live in and the respective lens in which we view the rest of the world.

Back in OCT 2007, I was speaking to my options broker in Cleveland, OH about the mortgage industry and the exposure that the financial institutions still had going forward. He has never heard of an OPTION ARM neg am loan and had no idea of 75% of the products that were made available to people. He only sees through his own 30 yr fixed fully amortized world in Cleveland, OHIO.

Good point. Wall Street still seems to be clueless about the cause of the downturn/crash in housing. Most of the guys I see on CNBC are focussed on interest rates when the real problem is mispriced assets. The price of houses became way too high due to all the 100% loans to unqualified people. Now, prices have to come down.

I’m still doing periodic investments into the market. I expect the next few years to be painful. Hopefully I’ll be able to rid out the upcoming market armegeddon.

[TheBreeze]

One thing that needs to be understood is that alot of our opinions and predications on this site are based upon our “frames of reference” or the world we live in and the respective lens in which we view the rest of the world.

Back in OCT 2007, I was speaking to my options broker in Cleveland, OH about the mortgage industry and the exposure that the financial institutions still had going forward. He has never heard of an OPTION ARM neg am loan and had no idea of 75% of the products that were made available to people. He only sees through his own 30 yr fixed fully amortized world in Cleveland, OHIO.

Good point. Wall Street still seems to be clueless about the cause of the downturn/crash in housing. Most of the guys I see on CNBC are focussed on interest rates when the real problem is mispriced assets. The price of houses became way too high due to all the 100% loans to unqualified people. Now, prices have to come down.

I’m still doing periodic investments into the market. I expect the next few years to be painful. Hopefully I’ll be able to rid out the upcoming market armegeddon.

[TheBreeze]

One thing that needs to be understood is that alot of our opinions and predications on this site are based upon our “frames of reference” or the world we live in and the respective lens in which we view the rest of the world.

Back in OCT 2007, I was speaking to my options broker in Cleveland, OH about the mortgage industry and the exposure that the financial institutions still had going forward. He has never heard of an OPTION ARM neg am loan and had no idea of 75% of the products that were made available to people. He only sees through his own 30 yr fixed fully amortized world in Cleveland, OHIO.

Good point. Wall Street still seems to be clueless about the cause of the downturn/crash in housing. Most of the guys I see on CNBC are focussed on interest rates when the real problem is mispriced assets. The price of houses became way too high due to all the 100% loans to unqualified people. Now, prices have to come down.

I’m still doing periodic investments into the market. I expect the next few years to be painful. Hopefully I’ll be able to rid out the upcoming market armegeddon.

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