tag:blogger.com,1999:blog-18675105.post5921797799076444611..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: The Great Unwindingbloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-18675105.post-24900289976167989072007-03-06T01:02:00.000+00:002007-03-06T01:02:00.000+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14118360064397056302007-03-05T20:03:00.000+00:002007-03-05T20:03:00.000+00:00i'm not one usually to say I told you so but gold ...i'm not one usually to say I told you so but gold is plummeting just as I said it would.<BR/><BR/>How's everyone doing who bought throught the year, especially last week at $690? Don't say you didn't. You were all screaming about gold this and gold that last week so I know you took your own advice and loaded up on the yellow stuff.<BR/><BR/>Or do we not dare discuss such issues on HP? I mean in between the 1948th joke about realtors working at mcdonalds and the 3892nd comment about Casey's stupidity, can someone comment on the topic of plummeting gold prices?<BR/><BR/>Oh wait silly me, this is just a temporary dip. While the DOW's 5% drop last week is a precursor of a 50% drop, gold's 7% drop is a buying opportunity on its way to a 70% gain right?<BR/><BR/>Riiiiiigggghhttt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62053861159298169292007-03-05T19:43:00.000+00:002007-03-05T19:43:00.000+00:00Every time you masterbate God kills a kitten.Every time you masterbate God kills a kitten.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2170752804204504162007-03-05T19:37:00.000+00:002007-03-05T19:37:00.000+00:00As I sit here watching, a little after 2pm EST, th...As I sit here watching, a little after 2pm EST, the MIGHTY DOW is up a cool dozen, showing all those Asian and European stocks what true wimps they are.<BR/><BR/>The MIGHTY DOW JONES 30 INDUSTRIALS is a beacon of light in the markets of panic. Great industrial corporations (McDonalds and Wal-Mart, just to name two) , corporations that provide abundant high paying jobs in cutting edge industries. <BR/><BR/>And if one corporation becomes sick, develops a terminal illness, we will simply replace it with a happy, healthy one. That way we can always show you a stat that proves the stock market always goes up in the long run, you weak kneed doom and gloomers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-44612390718697030462007-03-05T18:04:00.000+00:002007-03-05T18:04:00.000+00:00Anonymous said... World blood bath inprocess ma...<B> Anonymous said...<BR/><BR/> World blood bath inprocess man the markets are scared. SELL NOW - really I'm not kidding.<BR/><BR/> March 05, 2007 11:53 AM </B><BR/><BR/>Bloodbath? How old are you? 1987 was a bloodbath. 1997 was a bloodbath. 2001 was a bloodbath. This is a scrape of the knee.<BR/><BR/>Rookies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30624400208379715082007-03-05T17:28:00.000+00:002007-03-05T17:28:00.000+00:00Damn, that looks like my cat! Great pic by the way...Damn, that looks like my cat! Great pic by the way :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-85903530148687081202007-03-05T15:54:00.000+00:002007-03-05T15:54:00.000+00:00>This here is the funniest shit i've read in a whi...<I> >This here is the funniest shit i've read in a while...</I> <BR/><BR/><BR/>NO, that is not funny. This looks like a good woman (though misguided) getting pummeled. That doesn't qualify as funny in my book.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67589829632337741802007-03-05T15:34:00.000+00:002007-03-05T15:34:00.000+00:00So many market "Gurus" all in one blog. Amazing. I...So many market "Gurus" all in one blog. Amazing. I would think that you guys would be busy working for the heavy hitters on Wall St. telling them how to invest and read into the market. Oh wait! I forgot, y'all are just arm chair market watchers. Face it, you see the market in a downward trend and nothing else. None of us, myself included knows where it is going or landing. Stop calling for the end of humanity because you sound like fools!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53070367301361030602007-03-05T15:01:00.000+00:002007-03-05T15:01:00.000+00:00FMW Where are you???Love reading your posts!++++++...FMW Where are you???<BR/><BR/>Love reading your posts!<BR/><BR/>++++++++++++++++++<BR/><BR/>Thank you.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-36641743564977050002007-03-05T11:53:00.000+00:002007-03-05T11:53:00.000+00:00World blood bath inprocess man the markets are sca...World blood bath inprocess man the markets are scared. SELL NOW - really I'm not kidding.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50760901076535371092007-03-05T09:47:00.000+00:002007-03-05T09:47:00.000+00:00http://www.bloomberg.com/apps/news?pid=20601101&si...http://www.bloomberg.com/apps/news?pid=20601101&sid=atOHgqVo_e9g&refer=japan<BR/><BR/>Japan Stocks Fall by the Most in Almost 9 Months <BR/><BR/>March 5 (Bloomberg) -- Japanese stocks dropped by the most in almost nine months, wiping out more than $166 billion in share value, on concern a slide in stock markets worldwide will continue. Toyota Motor Corp. and Nippon Steel Corp. led losses. <BR/><BR/>U.S. stocks had the worst drop since January 2003 last week and the Morgan Stanley Capital International Asia-Pacific Index slid for a fourth day, extending its 3.5 percent fall last week. <BR/><BR/>``The drop in U.S. stocks last week and in Asian markets this afternoon signaled investors the slide in global equities will be prolonged,'' said Yoshihisa Okamoto, who helps oversee $1.9 billion in assets at Fuji Investment Management Co. in Tokyo. ``That's contrary to our initial forecast it would be temporary.'' <BR/><BR/>The Nikkei 225 Stock Average dropped 575.68, or 3.3 percent, to 16,642.25. The broader Topix index fell 58.88, or 3.4 percent, to 1662.71. Both measures slid by the most since June, 13 2006, have now erased their gains for the year so far. The Topix has lost 1.1 percent this year, and the Nikkei has now retreated 3.4 percent.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82574614372622456352007-03-05T09:04:00.000+00:002007-03-05T09:04:00.000+00:00This here is the funniest shit i've read in a whil...This here is the funniest shit i've read in a while...<BR/><BR/>"It's real easy. Just show a few houses. Six percent. It's real easy. Just show a few houses. Six percent." She's midway through her third or fourth repetition of the chant when the door to the four-bedroom, two-bathroom house finally opens.<BR/><BR/>Rest of the story....<BR/><BR/>http://tinyurl.com/234n62Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62987841947162784292007-03-05T07:57:00.000+00:002007-03-05T07:57:00.000+00:00Pretty much all Asian/South Asian markets are taki...Pretty much all Asian/South Asian markets are taking a beating now. Mondya morning. In a few hours its going to be Dow's turn, I would say about 3% for mondayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32276726302610997442007-03-05T07:34:00.000+00:002007-03-05T07:34:00.000+00:00The foreign markets are on a selling rampage right...The foreign markets are on a selling rampage right now. Head on over to kitco.com and watch gold and silver prices. They're down right now and that's <B>before</B> the big boys (aka NY traders) have their say in another 7 hours. One thing I've learned this year (and during last year's correction) is that when a correction starts, the only safe haven is cash--traders will sell everything, including commodities.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53676902266734189242007-03-05T07:17:00.000+00:002007-03-05T07:17:00.000+00:00FMW Where are you???Love reading your posts!Sinc...FMW Where are you???<BR/><BR/>Love reading your posts!<BR/><BR/>Sincerely, every real guy here (which are few)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53430817776210148462007-03-05T06:40:00.000+00:002007-03-05T06:40:00.000+00:00And to think secretary Paulsen was just dispatched...And to think secretary Paulsen was just dispatched to Japan, asap. The former head of Goldman Sachs now with the keys to the Treasury on the road during a market meltdown. Is he going to "open the books" to convince foreigners to hold on?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-996059189960846332007-03-05T06:23:00.000+00:002007-03-05T06:23:00.000+00:00NIKKEI 16,590.80 -627.13 -3.64%PitsaNIKKEI 16,590.80 -627.13 -3.64%<BR/><BR/>PitsaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-29620502826675101192007-03-05T06:22:00.000+00:002007-03-05T06:22:00.000+00:00Keith - don't you ever sleep??. . .I guess I also ...Keith - don't you ever sleep??. . .I guess I also need to get up early Pacific time to watch the meltdown in real time - considering the Asia meltdown right now, looks like we plunge another few hundred point here in USA tomorrow. . .then HSBC announces bad news in London soon. . .then <BR/>Wells, WaMu, BofA, etc. etc. . . 1929 here we come - of course HP readers and contributors knew this a year ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-21183812351860845722007-03-05T06:15:00.000+00:002007-03-05T06:15:00.000+00:00The idea that there will be widespread subprime le...The idea that there will be widespread subprime lender collapses, or a continued decline in global stock markets, is just chicken little-style alarmism. After last week’s mild correction, we should see a continued rise in most markets. These gains, both in housing prices and stock prices, are structural and permanent. I suspect the worst we will see could be a permanently high plateau.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-28497943189381994382007-03-05T06:04:00.000+00:002007-03-05T06:04:00.000+00:00National City sold its subprime business in Septem...National City sold its subprime business in September.<BR/>Now its Mortgage HQ in Dayton<BR/>Ohio has announced that it is<BR/>moving mortgage jobs to India.<BR/>(not 'Indiana')<BR/><BR/>Turn off the sitcoms. <BR/>Learn what makes things work.<BR/>(math, electro, infosci, health,<BR/>chem-bio, economics, cooking with<BR/>beans, car-pooling, self-defense,<BR/>Mandarin, roof repair, edible<BR/>plants …)<BR/>Start yesterday, or sooner.Unknownhttps://www.blogger.com/profile/09365369887411290245noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-43333302955726147282007-03-05T06:00:00.000+00:002007-03-05T06:00:00.000+00:00http://www.slate.com/id/2160973/"Robert Toll, CEO ...http://www.slate.com/id/2160973/<BR/><BR/>"Robert Toll, CEO of high-end home builder Toll Brothers, told the New York Times in 2005 that his company, which had enjoyed astonishing growth for more than a decade, would grow by 20 percent annually in 2006 and 2007, and then go for 15 percent annual growth. Yet in virtually every quarter since the article appeared, Toll has lowered expectations, called a bottom—and then lowered expectations again. In February 2006, Toll Brothers projected it would deliver between 9,200 and 9,900 McMansions for the fiscal year ending October 2006, down from the previous projection of 9,500 to 10,200. But Toll reduced its expected deliveries in May and again in August and wound up delivering 8,787 for the whole year. But bitter experience hasn't made Toll any better at calling the bottom. In November 2006, the company said it expected to deliver between 6,300 and 7,300 homes for fiscal 2007, down from the prior prediction of 7,000 to 8,000 deliveries. By February, Toll said it expected to deliver only 6,000 to 7,000 homes. And it's doubtful Toll has successfully called the bottom now. The Census Bureau data on new housing sales for January, released earlier this week, showed a whopping fall of 20 percent from the year-ago level, and down 16.6 percent from December."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32562900629104358232007-03-05T05:50:00.000+00:002007-03-05T05:50:00.000+00:00How much is, Lock Limit Down, for thr DOW?How much is, Lock Limit Down, for thr DOW?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-55282960352197616432007-03-05T04:43:00.000+00:002007-03-05T04:43:00.000+00:00http://www.tradingmarkets.com/.site/news/Market%20...http://www.tradingmarkets.com/.site/news/Market%20Analysis/503820/<BR/><BR/>Japanese Stock Market Plunges On Stronger Yen And US Economic Concerns, Led By Exporters<BR/><BR/>Sunday, March 04, 2007; Posted: 10:10 PM <BR/>(RTTNews) - The stock market in Tokyo, Japan, declined more than 2% on Monday morning led by exporters, on stronger local currency against the US dollar and weaker closing in US market on Friday. Speculations on the vulnerability of US growth gripped the investors after the Q4 GDP data has been revised downwards to 2.2% from the previous expectation of 3.5% a month earlier. <BR/><BR/>The benchmark Nikkei 225 Index is presently trading at 16,842.32, down 375.61 points, or 2.18%, while the broader TOPIX Index is down 38.50 points, at 1,683.09.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74258858896682786592007-03-05T04:41:00.000+00:002007-03-05T04:41:00.000+00:00here kitty kittyhere kitty kittyAnonymousnoreply@blogger.com