Author Topic: Dow?  (Read 325777 times)

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Offline SoCal

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Re: Dow?
« Reply #30 on: May 15, 2013, 05:18:20 PM »
Iho  - what is there to explain? They were wrong. That's it. You always seem to get so hung up this stuff about people admitting they were wrong.

I had the same thoughts reading this thread. It's the compulsion to correct other people, as I've been reminded again recently being the latest one on the receiving end. Everybody wants to be "right". Some more than others. Some have trouble letting things go. And some just can not drop it.

 

Offline irvinehomeowner

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Re: Dow?
« Reply #31 on: May 15, 2013, 05:26:43 PM »
Iho  - what is there to explain? They were wrong. That's it. You always seem to get so hung up this stuff about people admitting they were wrong.

I had the same thoughts reading this thread. It's the compulsion to correct other people, as I've been reminded again recently being the latest one on the receiving end. Everybody wants to be "right". Some more than others. Some have trouble letting things go. And some just can not drop it.

 
Like quoting that and bringing it back up isn't "letting things go".

I guess some just can't drop it.
Once you go 3-car garage... your junk can never go back.
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Offline SoCal

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Re: Dow?
« Reply #32 on: May 15, 2013, 05:48:40 PM »
Iho  - what is there to explain? They were wrong. That's it. You always seem to get so hung up this stuff about people admitting they were wrong.

I had the same thoughts reading this thread. It's the compulsion to correct other people, as I've been reminded again recently being the latest one on the receiving end. Everybody wants to be "right". Some more than others. Some have trouble letting things go. And some just can not drop it.

 
Like quoting that and bringing it back up isn't "letting things go".

I guess some just can't drop it.

Aww, Iho... our first real fight in 5 years. I'm getting sentimental. Now that you've gotten the last word in, which I know is super important to you and I promise to always let you have... let's hug it out. Come on, I know you secretly do like me. It's true, you can be really irritating sometimes (as can I if you only knew me in real life!) but I'm not letting you go anywhere, Mister!



Send me a smiley hug back so we can bury the hatchet. (No, not a smiley with a hatchet!)

Offline daedalus

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Re: Dow?
« Reply #33 on: May 16, 2013, 02:55:06 AM »
It is sustainable.  It is sustainable via inflation.  That is the only path left.
Do you think it is possible to inflate away old debt while keeping new debt cheap?

Offline nosuchreality

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Re: Dow?
« Reply #34 on: May 16, 2013, 08:00:44 AM »
It is sustainable.  It is sustainable via inflation.  That is the only path left.
Do you think it is possible to inflate away old debt while keeping new debt cheap?

As long as too much money is chasing nothing better to do, yes.

And there's a lot of money out there looking for a home.



But my original response is mostly tongue in cheek.  The western governments have painted themselves into a corner.  They have to sustain the current house of cards by printing money.  Eventually, it'll create run-away inflation.  Unless you think 20% annual housing gains are the new normal.

Fiat dollars buying fiat stock making fiat gains. 

In the end, the question is how many of those fiat dollars is it going to take to fill the gas tank and buy pound of chicken and veggies for dinner?

Offline irvinehomeowner

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Re: Dow?
« Reply #35 on: July 14, 2013, 01:09:07 PM »
Dow almost at 15.5k... every time I think it's going to burst, it goes higher.
Once you go 3-car garage... your junk can never go back.
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Offline irvinehomeowner

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Re: Dow?
« Reply #36 on: July 15, 2013, 11:36:51 AM »
Me no know econ... "circular flow" sounds like something related to after sitting on the throne.
Once you go 3-car garage... your junk can never go back.
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I recommend:
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Offline irvinehomeowner

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Re: Dow?
« Reply #37 on: November 20, 2013, 03:24:32 PM »
Dang... 16k for a day.

When is this stock bubble going to burst?
Once you go 3-car garage... your junk can never go back.
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I recommend:
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Offline qwerty

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Re: Dow?
« Reply #38 on: November 20, 2013, 06:26:23 PM »
Dang... 16k for a day.

When is this stock bubble going to burst?

When you put your money in

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Offline irvinehomeowner

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Re: Dow?
« Reply #39 on: November 20, 2013, 08:45:40 PM »
It's kind of in... my 401k has been bonkers the last 2-3 years.
Once you go 3-car garage... your junk can never go back.
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Offline irvinehomeowner

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Re: Dow?
« Reply #40 on: November 26, 2013, 04:10:18 PM »
16k for more than a day.

I blame the Twitter IPO.
Once you go 3-car garage... your junk can never go back.
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I recommend:
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Offline lnc

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Re: Dow?
« Reply #41 on: February 03, 2014, 02:14:28 PM »
Dang... 16k for a day.

When is this stock bubble going to burst?

Dow down more than 300 today, closed at 15,372.80, down from height of 16588.

So it this the bubble bursting you are referring to?

Offline irvinehomeowner

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Re: Dow?
« Reply #42 on: February 03, 2014, 02:24:56 PM »
Dang... 16k for a day.

When is this stock bubble going to burst?

Dow down more than 300 today, closed at 15,372.80, down from height of 16588.

So it this the bubble bursting you are referring to?
I have no idea. But it has come down quite a bit from that 16.5k height.

So is this going to freefall like in 2008... I doubt it but I'm no stock guy.
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
www.loansbyjw.com

Offline qwerty

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Re: Dow?
« Reply #43 on: February 03, 2014, 02:35:46 PM »
Dang... 16k for a day.

When is this stock bubble going to burst?

Dow down more than 300 today, closed at 15,372.80, down from height of 16588.

So it this the bubble bursting you are referring to?
I have no idea. But it has come down quite a bit from that 16.5k height.

So is this going to freefall like in 2008... I doubt it but I'm no stock guy.

morekaos should chime in, doesnt he do this stuff for a living?   my guess it bottoms out at 14,500-14,800 then maybe just goes back and forth from 14,500 to 15,000 until whatever the next catalyst upward is.

Online morekaos

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Re: Dow?
« Reply #44 on: February 03, 2014, 06:06:46 PM »
This was what I wrote in my January 2, 2014 client letter.  So far so good.

"Now for this year.  As many of you know I have cooled my enthusiasm for equities as the rest of the world piles in late.(as usual)   I am by no means exiting the stock market but I am hedging our positions.  For those of you who have been involved these last 4 years you have built up a substantial cushion to any near term volatility.  For those late to the game get ready for a ride, but in the end it will still be the “Only game in town”.  Rates will continue their upward trend, probably as much as another full percentage point.  This will cause quite a bit of near term angst.  Precious metals and commodities will trade a range that will mostly trend down.  Housing will probably continue to flounder, buffeted by higher interest rates in the mortgage markets.  The House and Senate will revert to Republican control and thus eliminates the government from doing anything that will impede the economy (net positive).  For the fourth straight year if you sat it out in Money Market (fear) you made .11%, fully taxable (That’s $110.00 on $100,000.00 invested), the Dow Jones would have returned $29,650.00, I’ll take the markets.   Again, I see a very volatile year, mostly up and down but probably trendless.  It is the following year (2015) when things will really take off. I have included last year’s letter bellow it you want to see how things have panned out.   For now, hunker down, protect and be patient. (everyone else is suddenly bullish)  The best is yet to come but it may take a while."

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