6 replies to this topic

[nimblebear]

A really interesting perspective on what is happening right now with housing, real estate, and the dollar.

A little long, but well worth the time.



And Why Paulson really went to China...

[nimblebear]

When you listen to Hudson, then go back and play this video via Kisacik's post.

http://video.msn.com...7...=00&fg=copy

Mark Haines body language really tells everything. He is dissing this guy so bad, that he is trying to make him look like an absolute fool, without saying quite as much. Its as if what he is saying is so far out there, that it would be impossible for it to happen. Linguistic experts would have a field day with this. It'll be interesting to see what happens over the next year with housing.

[fib_1618]

Mark Haines body language really tells everything. He is dissing this guy so bad, that he is trying to make him look like an absolute fool, without saying quite as much. Its as if what he is saying is so far out there, that it would be impossible for it to happen. Linguistic experts would have a field day with this. It'll be interesting to see what happens over the next year with housing.

Yes, I found his manner quite demeaning and rude as well. Definitely an ambush job if there was ever one.

What I found most interesting in the interview is that Mark has been quite bearish during the entire run up in price up until the beginning of this year when the Dow kept making new all time highs. Could this be a bearish development because of his condescending attitude towards Peter Schiff? Maybe. Or could it be that Mark has learned how the market really works by being on the floor with the specialists over the last 6 months, has a new vision, and is sharing his anger of being duped all of this time by analysis that doesn't have a direct correlation of what really makes markets rise and fall ? We'll see.

In any event, I believe Mark owes Peter a public apology for his lack of decorum, no less, it may make it hard for Mark to gain future interviews with others if this kind of journalistic attitude becomes known in the business.

Fib

Edited by fib_1618, 16 February 2007 - 08:33 AM.

[Tor]

Mark Haines body language really tells everything. He is dissing this guy so bad, that he is trying to make him look like an absolute fool, without saying quite as much. Its as if what he is saying is so far out there, that it would be impossible for it to happen. Linguistic experts would have a field day with this. It'll be interesting to see what happens over the next year with housing.

Yes, I found his manner quite demeaning and rude as well. Definitely an ambush job if there was ever one.

What I found most interesting in the interview is that Mark has been quite bearish during the entire run up in price up until the beginning of this year when the Dow kept making new all time highs. Could this be a bearish development because of his condescending attitude towards Peter Schiff? Maybe. Or could it be that Mark has learned how the market really works by being on the floor with the specialists over the last 6 months, has a new vision, and is sharing his anger of being duped all of this time by analysis that doesn't have a direct correlation of what really makes markets rise and fall ? We'll see.

In any event, I believe Mark owes Peter a public apology for his lack of decorum, no less, it may make it hard for Mark to gain future interviews with others if this kind of journalistic attitude becomes known in the business.

Fib

Fib, do you have a book to recommend which discusses how the market really works?

Many thanks, all the best,

[fib_1618]

Fib, do you have a book to recommend which discusses how the market really works?

No, I haven't written it yet!

One suggestion might be to check out someone like Tom McClellan and his work, or review the daily market transcripts over a Technical Watch. As far as intermarket globalization techniques are concerned, you might want to check out John Murphy's book on the subject. I believe it's called "Intermarket Analysis", but I'm sure if you go to Amazon you'll find it there.

Other than that, it's all been trail and error for me over the last 30 + years of trading and sifting out what works and what doesn't.

Fib

[linrom1]

A really interesting perspective on what is happening right now with housing, real estate, and the dollar.

A little long, but well worth the time.



And Why Paulson really went to China...

Thank you for posting this interesting link. However, I am curious about Japan. How did Japan avoid another real estate or stock market bubble with interest rates so low. All Japanese should be riding the free lunch ticket of carry trade.

[pdx5]

<<<How did Japan avoid another real estate or stock market bubble with interest rates so low. >>> Could it be because the Japanese still have fresh memories of the real estate debacle of just a decade ago? May be they learned their lesson not to chase an ever inflating asset class.