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

To: MulhollandDrive who wrote (152766)	9/30/2008 3:53:11 PM
From: Wowzer	Read Replies (3) \| Respond to of 306849

WTH where is my financial Armageddon? Bush the supreme leader told me everyday we wait it will cost us greatly, yesterdays loss from no bailout vote poof gone now.... what now oh supreme leader? How can you properly scare us when the DOW is up 500?

To: MulhollandDrive who wrote (152766)	10/1/2008 10:57:01 AM
From: GraceZ	Read Replies (1) \| Respond to of 306849

last post on this topic, this thread wasn't established as a forum for theoretical debate on the merits of 'buy and hold' v. market timing My post to you wasn't intended to convince you that buy and hold is superior or even that Buffet was a superior investor (which is sort of obvious anyway), it was just to correct your mistakes in regards to your original criticism of the statements that the market lost "x value equal to the bailout figure". Your basic criticism was incorrect, the market is clearly not a zero sum game, it can't be. It is easy to prove this mathematically fairly easy, it doesn't require advanced theory or even an opinion on superior investment/trading strategies. I don't know about you but if I'm going to go out on a limb and criticize a statement, I prefer that my criticism be as accurate as possible and not reveal a lack of understanding. Nobody expects women to be particularly knowledgeable about basic mathematical concepts so, I'm sure your position here is secure. Most people use concepts like zero sum incorrectly so you have a lot of company! My mistake thinking that you'd take the opportunity to learn something, do some investigation.