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 -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (96897)12/11/2007 12:14:31 AM
From: PerspectiveRead Replies (2) | Respond to of 306849
 
Yeah, but a mere nine weeks later, and I'm having those same "what the hell am I doing" feelings. The degree of disconnect from reality is beyond stunning to me. Time and time again. Less than 4% off the all-time Dow highs. Financials rockin' like our little twenty down days was the whole 1973-4 bear market all rolled into one month. Real, serious, country-wide (and Countrywide) problems in the credit markets. And stocks ready to cheer a 50bp cut by the Fed. Perhaps when there's no longer any effective reserve requirement in your banking system, it's just virtually impossible to stop runaway asset inflation.

`BC



To: TH who wrote (96897)12/11/2007 12:25:30 AM
From: bentwayRead Replies (2) | Respond to of 306849
 
The invisible hand of the secret manipulators can't fix the market EVERY DAY, because they can't control the news.

If investors had "irrational exuberance" during the tech bubble, the belief that houses ALWAYS appreciate durning the RE bubble - it seems like they believe that the stock market may tick down, but it will ALWAYS go UP later, and going UP is it's God-ordained natural motion now.