1. 10-26-08 02:27 PM #1
    wtf
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    stock bottom?

    interesting interview on bloomberg.

    this whole mess was started by dramatic drop in home sales/prices.

    home sales in california apparently has now started to pick up dramatically. thus we have reached an equilibrium where asset prices have reached a point worth purchasing.

    very interesting observation. time to get to dip back in!!
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  2. 10-26-08 02:39 PM #2
    jjgold
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    Son we are years away from a bottom

    Son go to work and put in bank or buy a 2 family home and rent it out
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  3. 10-26-08 02:41 PM #3
    pavyracer
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    Did they also interview the same guys who said in May that Dow at 14,000 was a bargain and this was the best time to jump in the market? I need to start taping these anal-ysts and play their stupid comments 5 months after they made them.
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  4. 10-26-08 02:43 PM #4
    wtf
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    yes jj you have made is abundantly clear on a litany of threads you are bearish. the world is not ending, so i disagree. guess that makes a buyer and a seller.

    but if you are holding shares, you should hold them. dont bail now.
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  5. 10-26-08 02:45 PM #5
    wtf
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    good question

    Quote Originally Posted by pavyracer View Post
    Did they also interview the same guys who said in May that Dow at 14,000 was a bargain and this was the best time to jump in the market? I need to start taping these anal-ysts and play their stupid comments 5 months after they made them.

    yes there are a lot of buffons out there. but his point is substantiated with facts on a pickup in housing purchases. i think it is very interesting.

    i think it also means there is plenty of money on the side lines waiting to get back in
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  6. 10-26-08 03:34 PM #6
    RogueJuror
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    jj lets launch a betting exchange
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  7. 10-26-08 03:36 PM #7
    wtf
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    nice

    Quote Originally Posted by RogueJuror View Post
    jj lets launch a betting exchange
    good idea, wish i thought of that
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