Not looking pretty, has now gone below the 1998 peak. I am showing the housing index will go down until mid 2009.
http://bigcharts.mar...&mocktick=1.png
C-A-P-I-T-U-L-A-T-I-O-N
Started by
jawndissedi
, Feb 23 2007 01:24 AM
11 replies to this topic
#11
Russ
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- Traders-Talk User
- 7,198 posts
Member
Posted 23 February 2007 - 03:50 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#12
Frac_Man
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- Traders-Talk User
- 1,458 posts
Hank Wernicki M.A.
Posted 23 February 2007 - 11:05 PM
WE SEE WHAT WE SEE BECAUSE WE MISS THE FINER DETAILS ....
ALFRED KORZYBSKI
I think we need to take personal responsibility for our actions and views of the world
Hank
ALFRED KORZYBSKI
I think we need to take personal responsibility for our actions and views of the world
Hank
The following post appeared yesterday on a board dedicated to bashing NFI bears and short-sellers. When bullish sentiment finally breaks, it breaks hard. By the end of this year, I expect to see messages like this one about many sectors of the market all over the web:
"This will be probably my last writing here. Like most long NFI investors, I am shell-shocked after the conference that took place yesterday, and quite annoyed that I participated in the collective hallucination that led so many into such a disaster. Yes, hallucination, or more to the point, collectice delusion, a variant of the latter. It felt really like being in a bad dream, mixed up with a series Z film.
The worst is to realize one is immune to the herd behavior, and then to discover it's not so. In the most painful way. I feel no big motivation to maintain this website now, and I suspect that it will be difficult for some time to find someone has the stamina to do it. So long folks, I wish the best to all of you."
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