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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Bonefish who wrote (151170)9/27/2008 4:27:44 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
I think there are very few RE folks who really saw this coming and were scared as hell 2-3 years ago like I was.. Now is the beginning of the time to go back to the other side. Hey there are few left to pick up the crumbs who think like a capitalist or opportunist.. And it's not like the obvious trades have worked in the stock market lately either for those in the gloom and doom or dollar protection trades either...SKF and gold stocks beyond pathetic given what has transpired that many here including me were expecting for years..

RE is unparralleled for wealth creation for those with the knowledge and desire when it is despised by the public.. I'm going to have fun for years to come after a long agonizing wait..thank you GWB and your 'ownership society'<g>



To: Bonefish who wrote (151170)9/29/2008 3:56:53 PM
From: MicawberRespond to of 306849
 
Corn cawber? That's cute.

That's a pretty broad brush you paint the whole world with. Guys like me in the business for 20 years, having lived thru several up and down cycles, using little or no leverage, taking advantage of an up market, get lumped in with the Wall Street slicers and dicers along with their enablers in Washington. I guess you were too busy weighing your gold, clutching your 1.5% passbook, and reading your latest copy of Financial Armageddon to see that not everyone in the business was a crook during the last upcycle. Guys like you will still be predicting doom and gloom long after the next upturn.