Prognosticators I hate

morekaos

Well-known member
Well, Well, Well, Gary "in the bag" Watts has come over to the dark side...Makes me want to call a bottom now.

http://lansner.freedomblogging.com/2009/12/30/tough-market-eyed-for-high-end-housing/49131/

"Gary Watts, real estate prognosticator and a Mission Viejo broker. This year, the self-described evangelist of real estate optimism did an about face from his persistently bullish forecasts. In his gloomiest outlook in years, Gary said that a lack of credit and high unemployment would continue to cripple the Orange County housing market. He began his eyeball with a preamble ?

Gary: After missing my forecast in both 2007 and 2008, it was nice to see that my forecast was right on for 2009. The market did firm-up under $500,000, and as I thought, above $729,000 is still having problems."

Earl of Douche!!
 
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