Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Perspective who wrote (96899)	12/11/2007 12:49:59 AM
From: TH	Read Replies (1) \| Respond to of 306849

brother bobcor, <Perhaps when there's no longer any effective reserve requirement in your banking system, it's just virtually impossible to stop runaway asset inflation.> You have perfectly stated why I covered. I didn't want to cover, and like Patron has stated, many of these dogs were/are going single digits. Fear got me. I make no excuses. Fear got me and I took my profits and I ran away. I am self-professed chicken-short. I have now accepted that inflation of everything is the path, and even dogs will get some bumps. So I run, hold gold and miners, and accept that the market is irrational and will remain so longer than I can survive. There are so many big signs out there, and they are just glossed over as yesterdays news before 5 pm the same day the story breaks. Bad news, or maybe better, real news, just won't stick. Citi begging for a mere 7.5 billion. Blackstone/pebble/rock proving to be the bomb-dud IPO of the year. Approximately 110K in derivatives <exposure> for every human on the planet. M3 at what? Oh, we don't really know anymore, cause Ben says it is expensive to calculate and meaningless anyway in our new global world of savings gluts. Really scary actually, but we have to play. GT TH

To: Perspective who wrote (96899)	12/11/2007 9:53:01 AM
From: 10K a day	Read Replies (1) \| Respond to of 306849

Fine. The market took a [brief] dip in 1990 when housing topped out. But look at that DOW chart again. Message 24124052 It's a game of sectors IMO. Sometimes everything goes down. Not often. Housing and everything financial related may go in the crapper or they may not. Why are you stunned. Some of the financials are way off their highs. CFC is a dog w/ fleas. Oh well dude. step back and take a break. take your money off the table maybe. i dunno. have fun. Life is short. You on the other hand don't have to be.