SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (7035)11/23/2002 1:13:47 PM
From: Lizzie TudorRead Replies (1) of 306849
 
If they don't end up considerably lower I will be both surprised and disappointed.

And that may well happen... but it seems to me you are in the same position I am in wrt SV real estate. I know it has to crash, based on economic fundamentals... and yes indeed it has declined (much more than the charts show btw)... but no crash yet... I have to accept that and base my RE decisions on the reality of the mkt.

What about the (tech) stock market bears now, can they be objective thats the question... time will tell but right now it looks like the guys from the really popular TA threads are pushing their bearish convictions too far and holding on, insisting that the mkt has to do down regardless of the reality. Its obvious they are in a world of hurt because they show up on the *2* remaining bullish threads with "you'll get yours... " etc. rhetorical comments.

One huge problem with the valuation argument is these cash levels btw. I own some software companies with sky-high PE's trading for half of cash. It skews the entire index with all these cash rich companies providing a floor on PE. The combination of paid-in cash for options exercising, and lack of incentive for dividend payout as well as bubble conditions in general have created a cash hoarde in public companies that make valuations difficult.
Lizzie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News