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Seattle Bubble Forum Archive • View topic - this market makes no sense

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this market makes no sense

How will housing affect the US and world economy? How will the economy affect housing?

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Re: this market makes no sense

Postby perfectfire » Thu Nov 20, 2008 1:22 pm

I bet we're going to see a fresh round of "Stocks are cheap!", "We're below 2003's lows, imagine if you had bought into the market at 2003, you'd have made huge returns !".
Remember, if you rent it's not a home, it's a hovel.
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Re: this market makes no sense

Postby buyStocks » Thu Nov 20, 2008 1:32 pm

wow, what an amazing day
I'm guessing sucker rally tomorrow in AM, then down we go.
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Re: this market makes no sense

Postby rose-colored-coolaid » Thu Nov 20, 2008 1:34 pm

Yeah, was anyone predicting a 12% sell off the last 2 days?

I think we'll see some of this recouped just before close as people get in place for tomorrow's rebound, but I'm glad I have no skin in the game anymore.
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Re: this market makes no sense

Postby WestSideBilly » Thu Nov 20, 2008 6:06 pm

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Re: this market makes no sense

Postby rose-colored-coolaid » Thu Nov 20, 2008 7:07 pm

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Re: this market makes no sense

Postby lamont » Thu Nov 20, 2008 10:44 pm

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Re: this market makes no sense

Postby lamont » Thu Nov 20, 2008 11:05 pm

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Re: this market makes no sense

Postby buyStocks » Fri Nov 21, 2008 3:30 am

Futures look high, but is seems like the overnight international sucker rally is already loosing steam. Changing my guess to a wimpy sucker rally followed by a large drop.
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Re: this market makes no sense

Postby WestSideBilly » Fri Nov 21, 2008 7:09 am

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Re: this market makes no sense

Postby rose-colored-coolaid » Fri Nov 21, 2008 8:35 am

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Re: this market makes no sense

Postby WestSideBilly » Fri Nov 21, 2008 5:50 pm

Damn, didn't see that coming.
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Re: this market makes no sense

Postby lamont » Fri Nov 21, 2008 6:57 pm

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Re: this market makes no sense

Postby lamont » Fri Nov 21, 2008 7:10 pm

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Re: this market makes no sense

Postby rose-colored-coolaid » Fri Nov 21, 2008 10:25 pm

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Re: this market makes no sense

Postby buyStocks » Sat Nov 22, 2008 12:58 am

Another amazing day; my guesses were not even close. It was interesting how the media mostly focused on how the DOW went to 2003 levels instead of the S&P going to 1997 levels yesterday.
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