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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (79290)2/25/2007 11:00:16 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
well to be fair he was presenting a rather bland view that is easily supported...i take it you would have him support it because given the ST-IT picture, his post is the equivalent of Greenspans coaxing folks to buy ARMS



This board deteriorated to where it was of little value (to bears, and especially compared to the past) because the bulls continually taunted the bears.

Yes, the stock market has continued up, so in some ways the bulls have been right. But investing is about making money in the long-run. Despite the fact that I'm as bearish as they come, I was up 163% last year and I'm up 21% this year. How? Long miners and short homies/lenders.

The economy has been gutted and has only stayed strong because of easy credit. There are signs everywhere of stress in the credit system, and many people (here anyway) believe it's going to end in a rather unpleasant fashion.

I'd like this board to go back to where it was when it started, with people freely discussing the credit bubble and the implications of it bursting. That doesn't include people distracting it by saying things like "buy real estate, it always goes up." In fiat money systems real estate does always go up if you look at it over 50 year periods.

Last summer I told the story about my wife and myself looking for a lake-front home. We're still looking and I wouldn't be surprised if I buy one this summer. But I'm not the average person. Yes, there are still circumstances where people should buy now, but that's not the point of the thread.

I'm interested in getting this thread back on topic. I'm more than happy to have bulls present intelligent arguments about why the regular posters here are wrong. I'm not interested in reading people who come in with simple, general, statements telling the bears they are wrong. Given the 19 recommendations this post

Message 23313928

garnered, I'd say most people agree with me.

A friend PM'd me earlier saying SI had gone to sh*t. I figure I have nothing to lose. The thread had deteriorated to the point where it wasn't much use. If people don't post here because they don't like the way I run the thread then nothing has been lost. On the other hand, maybe it will turn around.

I'm sure I was a little on the harsh side jumping on Oblivious, but I wanted to make a point. I'll take him off ignore and if he wants to post he can send me a PM. But people should be forewarned. I'm setting a standard that I will uphold.