Re: [OT] How to determine if a market has hit THE bottom.

2008-12-05 Thread Nicholas Geti
Nicholas Geti wrote: And over that same period prices of houses rose astronomically. Ok. So here's my advice for you two lads. Borrow as much money as you can at whatever interest rate you are asked. If the interest rate is tied to inflation or to nominal rate then THAT'S better than

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Stephen Russell
On Wed, Dec 3, 2008 at 9:42 PM, Michael Madigan [EMAIL PROTECTED] wrote: Only an idiot would get a variable-rate loan. * They were in fashion when your house was a short term 4 year investment. You expected to move upwards in the 4th year so you

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Nicholas Geti
- Original Message - From: Pete Theisen [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Wednesday, December 03, 2008 5:11 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: I have never seen an interest rate for borrowing tied

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Nicholas Geti
- Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Wednesday, December 03, 2008 11:11 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: And over that same period prices of houses rose

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Pete Theisen
Nicholas Geti wrote: I have never seen an interest rate for borrowing tied to inflation. They are always fixed rates. Seems to me that the so-called adjustable-rate mortgages are indirectly tied to inflation. Not inflation but other indicies at the lenders choosing.

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread MB Software Solutions General Account
Nicholas Geti wrote: Not inflation but other indicies at the lenders choosing. http://en.wikipedia.org/wiki/Adjustable_rate_mortgage They did not exist when I bought my house 40 years ago. As an aside, I paid $44,500 for my house at that time. Last year it was evaluated at $650,000. I paid

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Nicholas Geti
- Original Message - From: MB Software Solutions General Account [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Thursday, December 04, 2008 11:15 AM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Not inflation but other

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Michael Madigan
There were a lot of people who were sold variable rates to get them into a house they couldn't afford. In 5 years, their salary would be way higher and of course interest rates would remain low. The sub-prime mortgage brokers were morally equivalent to drug dealers.

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Stephen Russell
On Thu, Dec 4, 2008 at 11:18 AM, Michael Madigan [EMAIL PROTECTED] wrote: There were a lot of people who were sold variable rates to get them into a house they couldn't afford. In 5 years, their salary would be way higher and of course interest rates would remain low. The sub-prime

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Ricardo Aráoz
Nicholas Geti wrote: - Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Wednesday, December 03, 2008 11:11 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: And over that same

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-04 Thread Michael Madigan
You're just incapable of a rational discussion, aren't you? * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Thu, 12/4/08, Ricardo Aráoz [EMAIL PROTECTED] wrote: From: Ricardo Aráoz [EMAIL PROTECTED] Subject:

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Nicholas Geti
And over that same period prices of houses rose astronomically. Ok. So here's my advice for you two lads. Borrow as much money as you can at whatever interest rate you are asked. If the interest rate is tied to inflation or to nominal rate then THAT'S better than static interest. Go ahead!

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Nicholas Geti
- Original Message - From: Pete Theisen [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Tuesday, December 02, 2008 7:05 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Nicholas Geti wrote: Refer to my previous note. How do

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Pete Theisen
Nicholas Geti wrote: I have never seen an interest rate for borrowing tied to inflation. They are always fixed rates. Hi Nicholas! Seems to me that the so-called adjustable-rate mortgages are indirectly tied to inflation. -- Regards, Pete http://pete-theisen.com/

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Michael Madigan
Indirectly if the rates go up along with inflation. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 12/3/08, Pete Theisen [EMAIL PROTECTED] wrote: From: Pete Theisen [EMAIL PROTECTED] Subject: Re: [OT]

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Pete Theisen
Nicholas Geti wrote: In my area the price of houses in the last 15 years doubled and in some cases tripled. The market was very hot. People were buying second houses for resale. Condominiums were especially volatile. Many people I know where putting down payments on condos that were just

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Pete Theisen
Michael Madigan wrote: Indirectly if the rates go up along with inflation. I have never seen an interest rate for borrowing tied to inflation. They are always fixed rates. Seems to me that the so-called adjustable-rate mortgages are indirectly tied to inflation. Hi Guys! A couple of years

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Ricardo Aráoz
Nicholas Geti wrote: And over that same period prices of houses rose astronomically. Ok. So here's my advice for you two lads. Borrow as much money as you can at whatever interest rate you are asked. If the interest rate is tied to inflation or to nominal rate then THAT'S better than

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Michael Madigan
Only an idiot would get a variable-rate loan. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 12/3/08, Ricardo Aráoz [EMAIL PROTECTED] wrote: From: Ricardo Aráoz [EMAIL PROTECTED] Subject: Re: [OT] How to

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Pete Theisen
Michael Madigan wrote: Only an idiot would get a variable-rate loan. Hi Michael! Yes, I had second thoughts and converted it into a reverse when I turned 62. That worked out for me big time. -- Regards, Pete http://pete-theisen.com/ ___ Post

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-03 Thread Geoff Flight
Our fixed rate loans are today 3% lower than they were 6months ago. Only an idiot would get a fixed rate loan. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Michael Madigan Sent: Thursday, 4 December 2008 2:12 PM To: ProFox Email List Subject: Re: [OT]

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Nicholas Geti
- Original Message - From: Geoff Flight [EMAIL PROTECTED] To: 'ProFox Email List' profox@leafe.com Sent: Monday, December 01, 2008 5:50 PM Subject: RE: [OT] How to determine if a market has hit THE bottom. Really? Borrow $500,000 for a house at 10%pa while house prices are rising at

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Nicholas Geti
- Original Message - From: Geoff Flight [EMAIL PROTECTED] To: 'ProFox Email List' profox@leafe.com Sent: Monday, December 01, 2008 5:44 PM Subject: RE: [OT] How to determine if a market has hit THE bottom. There are a number of assumptions implicit in that scenario. Let's see if you

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Nicholas Geti
- Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Monday, December 01, 2008 7:44 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: - Original Message - From: Geoff Flight [EMAIL

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Pete Theisen
Nicholas Geti wrote: Really? Borrow $500,000 for a house at 10%pa while house prices are rising at an average 2%pa. Calculate in 30 years time how much you paid compared to how much the house is worth. YOU LOSE. Now try it the other way around. YOU WIN. Pretty basic really. Refer to my

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Nicholas Geti
- Original Message - From: Pete Theisen [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Tuesday, December 02, 2008 12:55 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Really? Borrow $500,000 for a house at 10%pa while house

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Ricardo Aráoz
Nicholas Geti wrote: - Original Message - From: Pete Theisen [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Tuesday, December 02, 2008 12:55 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Really? Borrow

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-02 Thread Pete Theisen
Nicholas Geti wrote: Nicholas Geti wrote: Refer to my previous note. How do you figure the house is worth less after 30 years. http://tinyurl.com/6e74eq And over that same period prices of houses rose astronomically. Hi Nicholas! I agree that the houses rose, but I wonder if they

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Nicholas Geti
- Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Friday, November 28, 2008 5:47 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Governments can never go bankrupt. They just print more

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread James Roark(The Dogstar Group)
Kristyne McDaniel wrote: Madigan, Care to explain this strange attack? Not much explanation needed. You scream doom and gloom and then act surprised when gloom and doom happen. Please check todays numbers... It gets even better. Jim --- StripMime Report -- processed MIME

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Michael Madigan
I take full responsibility. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Mon, 12/1/08, James Roark(The Dogstar Group) [EMAIL PROTECTED] wrote: From: James Roark(The Dogstar Group) [EMAIL PROTECTED]

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Kristyne McDaniel
Nicholas, Ricardo, you need to understand the concept of money. It is irrelevant whether the rich have their worth in cash or other instruments. It is still money and is directly affected by inflation; everything they buy including other investment instruments will go up in price. Another

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Ricardo Aráoz
Nicholas Geti wrote: - Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Friday, November 28, 2008 5:47 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: Governments can never

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Ricardo Aráoz
Kristyne McDaniel wrote: Nicholas, Ricardo, you need to understand the concept of money. It is irrelevant whether the rich have their worth in cash or other instruments. It is still money and is directly affected by inflation; everything they buy including other investment instruments

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Michael Madigan
Most incomes go up quicker in inflationary times. It is generally recognized that borrowers gain value in inflationary times and lenders lose value. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Mon,

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Geoff Flight
That is not even close to true. Borrowers are better off if inflation is greater then the interest rate on the loan - otherwise they lose. Same applies to incomes: if your income rises more than inflation then you are ahead and vice versa. Simple mathematics really. -Original Message-

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Michael Madigan
You must enjoy sticking your foot in your mouth over and over again. Wealth effects. Inflation redistributes income between borrowers and lenders. Suppose you borrow $100,000 for a 30-year mortgage at 7% interest, giving you a monthly housepayment of about $665. During the next 30 years, as

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Nicholas Geti
- Original Message - From: Kristyne McDaniel [EMAIL PROTECTED] To: 'ProFox Email List' profox@leafe.com Sent: Monday, December 01, 2008 3:20 PM Subject: RE: [OT] How to determine if a market has hit THE bottom. Nicholas, Ricardo, you need to understand the concept of money. It is

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Nicholas Geti
- Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Monday, December 01, 2008 5:52 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: - Original Message - From: Ricardo Aráoz [EMAIL

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Nicholas Geti
- Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Monday, December 01, 2008 5:53 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Kristyne McDaniel wrote: Nicholas, Ricardo, you need to understand the

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Nicholas Geti
- Original Message - From: Geoff Flight [EMAIL PROTECTED] To: 'ProFox Email List' profox@leafe.com Sent: Monday, December 01, 2008 5:20 PM Subject: RE: [OT] How to determine if a market has hit THE bottom. That is not even close to true. Borrowers are better off if inflation is greater

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Geoff Flight
There are a number of assumptions implicit in that scenario. Let's see if you can identify them. It makes ZERO mention of the wage/inflation comparison and absurdly assumes they are equal. History shows that in times of high inflation (eg 80s/90s) wages failed to keep up with inflation. It also

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Geoff Flight
Really? Borrow $500,000 for a house at 10%pa while house prices are rising at an average 2%pa. Calculate in 30 years time how much you paid compared to how much the house is worth. YOU LOSE. Now try it the other way around. YOU WIN. Pretty basic really. -Original Message- From: [EMAIL

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Michael Madigan
You're missing the utility of having a roof over your head. People normally don't buy houses to make money, they buy houses to live in. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Mon, 12/1/08, Geoff

RE: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Geoff Flight
And FINALLY, you get the point. The reason borrowers are less concerned with being 'better off or worse off' is that they don't have a choice: they need a house - period. It isn't primarily an investment. Lenders however are treating the loan as an investment and therefore are far more concerned

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Ricardo Aráoz
Nicholas Geti wrote: - Original Message - From: Ricardo Aráoz [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Monday, December 01, 2008 5:52 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Nicholas Geti wrote: - Original Message -

Re: [OT] How to determine if a market has hit THE bottom.

2008-12-01 Thread Ricardo Aráoz
Nicholas Geti wrote: - Original Message - From: Geoff Flight [EMAIL PROTECTED] To: 'ProFox Email List' profox@leafe.com Sent: Monday, December 01, 2008 5:20 PM Subject: RE: [OT] How to determine if a market has hit THE bottom. That is not even close to true. Borrowers are better

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-29 Thread Ricardo Aráoz
KAM.covad wrote: Funny how few people realize that. Some congressman can promise them a handout and they will vote for him. They just can't seem to realize that handout will not buy what it bought yesterday. Not only that, their kids will have to pay it back someday. The European

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-28 Thread Stephen Russell
On Wed, Nov 26, 2008 at 4:36 PM, John [EMAIL PROTECTED] wrote: The economy is bad, we've only got 94.5% of the people working! The depression had 25% out of work, we have a ways to go yet -- You guys are quoting Sept. numbers I think. It is getting a lot worse at

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-28 Thread Nicholas Geti
Governments can never go bankrupt. They just print more money. - Original Message - From: Leland Jackson [EMAIL PROTECTED] To: ProFox Email List profox@leafe.com Sent: Thursday, November 27, 2008 3:04 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. Having the

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-28 Thread Ricardo Aráoz
Nicholas Geti wrote: Governments can never go bankrupt. They just print more money. Besides which we should correct a concept here. If govt. prints money (inflation) it is not the rich who'll pay the party, they will certainly not have their money in cash, and what they have they will

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-28 Thread KAM.covad
Funny how few people realize that. Some congressman can promise them a handout and they will vote for him. They just can't seem to realize that handout will not buy what it bought yesterday. Not only that, their kids will have to pay it back someday. The European governments are well aware of

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
I don't think the blame for the financial crisis can be assigned to one particular political party or even particular individuals. It was a kind of mass psychology in which greed and selfishness drove an entire industry into near ruin. Below is my understanding of what has occurred: A Credit

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
Perhaps it is the American people, including you, who are to blame for having been duped into electing George W. Bush as president for two terms. Regards, LelandJ John wrote: He is so stupid, he beat the dems twice. What does that say about them?G John Harvey -Original Message-

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread John
There was no other option. Gore? . . . please! Kerry? ... double please! John Harvey -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Leland Jackson Sent: Thursday, November 27, 2008 10:32 AM To: ProFox Email List Subject: Re: [OT] How to determine if a

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread John
Countrywide Financial was a chain of 200 or 300 saving and loan companies, sometime called thrift institutions, located in California and Nevada. Countrywide was one of the first mortgage companies to get in trouble writing risky mortgages, including ARMs, (eg adjustable rate mortgages), which

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
First things first. Having excessive deficit spending is irrelevant, if the USA goes bankrupt. Right now it's important to turn the economic decline around, which will require some short term spending to put the unemployed back to work, to prevent additional losses in employment, and to

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
Also, the security laws regulating trading in derivatives needs to be reformed to make it illegal to simple gambler or bet on a derivative. Only investors that have a vested interest in the underlying item on which a value is derived should be allowed to invest the derivatives. Regards,

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Pete Theisen
John wrote: Now its just a matter of getting people into the houses so the big banks can retire the old mortgages in default with new mortgages that are performing on the underlying real estate collateral. Hi John! The people didn't have to even move. They could just refinance into one of

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Pete Theisen
Leland Jackson wrote: First things first. Having excessive deficit spending is irrelevant, if the USA goes bankrupt. Hi Leland! So run up a huge debt and declare bankruptcy? The guys stuck with the bill are the richies, vast numbers of whom are foreign nationals. -- Regards, Pete

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
According to the United States housing bubble Wiki, On October 15, 2008, Anthony Faiola, Ellen Nakashima and Jill Drew , wrote a lengthy article in the Washington Post titled, What Went Wrong. In their investigation, the authors claim that Greenspan vehemently opposed any regulation of

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
Having the USA government go out of business is a risky proposition; since, an unknown will fill the power vacuum, and its hard to predict how you and I might fare in the new environment, but the odds are we wouldn't fare well. Regards, LelandJ Pete Theisen wrote: Leland Jackson wrote:

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Pete Theisen
Leland Jackson wrote: On June 2, 1987 President Reagan nominates Greenspan for chairman of the Federal Reserve Board, which he served for five terms until January 31, 2006. He served under the following presidents: 2 terms - Ronald Reagan - Republican 1 term - George H. W. Bush -

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-27 Thread Leland Jackson
Pete Theisen wrote: Leland Jackson wrote: On June 2, 1987 President Reagan nominates Greenspan for chairman of the Federal Reserve Board, which he served for five terms until January 31, 2006. He served under the following presidents: 2 terms - Ronald Reagan - Republican 1 term -

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Ted Roche
On Wed, Nov 26, 2008 at 10:53 AM, Stephen Russell [EMAIL PROTECTED] wrote: I am guessing that we are all involved with stocks and funds. Some of us don't pay attention to the signs and others are on top of them. That is why I put this as NF and not to be lost in the land of OT. Even though

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread KAM.covad
I had all my retirement funds in SPY - a SP 500 index EFT. I am so sure that this is a bottom that I sold everything and bought SSO also a SP 500 index EFT but is leveraged so it should go up more than SPY or mutual funds like VFINX. I bought SSO at 24.75 and 22.90 A paper loss means nothing

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
The time to buy is after the market starts to rise, say to 10,000, or at least after the market breaks through the 200 day moving average again. Sure you won't pick the bottom, but you won't get sucked any lower either. There will be lousy earnings for at least a year now and probably a lot

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
You shouldn't try to pick bottoms, nobody can. The mere fact that people are saying this is probably a bottom means this isn't the bottom. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08,

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Kristyne McDaniel
Madigan, You shouldn't try to pick bottoms, nobody can. The mere fact that people are saying this is probably a bottom means this isn't the bottom. You're not exactly the guy I'd choose as a market advisor. Guys like you are the reason the market went so far down in the first place.

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
Care to explain this strange attack? * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, Kristyne McDaniel [EMAIL PROTECTED] wrote: From: Kristyne McDaniel [EMAIL PROTECTED] Subject: RE: [OT] How to

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Kristyne McDaniel
Madigan, Care to explain this strange attack? Not much explanation needed. You scream doom and gloom and then act surprised when gloom and doom happen. Thus far, with Obama not even in office yet, the markets are quieting down as he reveals the new folks that will be replacing Bush ineptitude.

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
I wasn't screaming doom and gloom, that was the Obama campaign who told us for 2 years how the economy was the worst since the Great Depression. That's why knuckleheads like you voted for him. Now that he's elected and the market tanked further, you suddenly don't like gloom and doom talk

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
The truly odd thing about markets is that they are drive as much my psychology as about fundamentals. That is why a president or Prime Minister talking negatively about an economy actually drives it down and vice versa. Same applies to well known economists etc. For reasons I've never understood,

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
The economy in the US IS the worst since the depression. The markets starting falling year ago. You are the only personI know who is blaming Obama for the financial crisis. Not surprising, since it is utterly ludicrous. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Paul Hill
On Wed, Nov 26, 2008 at 10:21 PM, Geoff Flight [EMAIL PROTECTED] wrote: The economy in the US IS the worst since the depression. The markets starting falling year ago. You are the only personI know who is blaming Obama for the financial crisis. Not surprising, since it is utterly ludicrous.

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
For two years Obama's campaign has been saying over and over again that the economy was the worst since the Great Depression. OF course that was a lie. 6% unemployment and possitive growth does not make a depression. So of course people bailed when the market started to crash. After all, it

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
IN Australia they have dropped about 40%. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Paul Hill Sent: Thursday, 27 November 2008 8:56 AM To: ProFox Email List Subject: Re: [OT] How to determine if a market has hit THE bottom. On Wed, Nov 26, 2008 at

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
What rubbish. You can't have a depression when only 6% are unemployed. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, Geoff Flight [EMAIL PROTECTED] wrote: From: Geoff Flight [EMAIL PROTECTED]

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread John
The economy is bad, we've only got 94.5% of the people working! The depression had 25% out of work, we have a ways to go yet John Harvey -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Geoff Flight Sent: Wednesday, November 26, 2008 4:21 PM To:

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
Economists have been saying for 2 years that a severe crash and recession were I imminent because of the financial house of cards that had been built. Obama was right in what he said. I just don't understand how you can seriously shift the blame for economic disaster to a CANDIDATE while

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread John
You obviously didn't hear about the Republicans, in 2006, including John McCain, who said Freddie mac and fannie mae needed more overight. Meanwhile, Obama's buddies were raping the system, and Barney Frank was defending them John Harvey -Original Message- From: [EMAIL PROTECTED]

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
I blame the Obama campaign for spreading fear to the uninformed. Only a retard believes the economy is the worst since the Great Depression. The early 80s had 17% interest rates and 10% unemployement. And nobody in the 80s called it a depression. But if this idiot raises taxes now, then we can

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
Let's not forget that Barney Frank's butt buddy was a bigshot at Fannie Mae. He was screwing him while the public was being screwed. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, John [EMAIL

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Kristyne McDaniel
Geoff, I just don't understand how you can seriously shift the blame for economic disaster to a CANDIDATE while excluding an 8year presidency. Doesn't any part of that sound just a little bit silly? You need to understand that the only way the right has been able to keep the illusion of

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
The economy was built on a house of cards. Lending to those who couldn't even begin to repay. Unbelievably corrupt and incompetent lending practices. Almost utter lack of regulation which Bush still supports even now. To blame Obama is silly and demonstrates your utter lack of understanding about

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
Sure. The economy has actually sucked really bad since Reagan, we would have been better off with Carter. LMAO * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, Kristyne McDaniel [EMAIL PROTECTED]

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
So what level do you blame Bush for this? -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Michael Madigan Sent: Thursday, 27 November 2008 9:28 AM To: ProFox Email List Subject: RE: [OT] How to determine if a market has hit THE bottom. Sure. The economy

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Ed Leafe
On Nov 26, 2008, at 4:47 PM, John wrote: You obviously didn't hear about the Republicans, in 2006, including John McCain, who said Freddie mac and fannie mae needed more overight. Meanwhile, Obama's buddies were raping the system, and Barney Frank was defending them ...and

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Kristyne McDaniel
Geoff, So what level do you blame Bush for this? That's difficult. How do you blame a moron for acting like a moron? Kristyne McDaniel http://www.kristynemcdaniel.com/blog http://www.emryldadvantage.com/ http://www.mcstyles.com/ Whether you think you can, or you think you can't you are

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
I like it... You've had some good presidents and some ho-hum ones but it's been a long time since you had a genuinely stupid one. Bush strikes me as not only stupid but fairly devoid of wisdom and ethics. He will NOT be missed. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread John
He is so stupid, he beat the dems twice. What does that say about them?G John Harvey -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Geoff Flight Sent: Wednesday, November 26, 2008 5:14 PM To: 'ProFox Email List' Subject: RE: [OT] How to determine if a

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread John
I think they all have contributed. The bailout is bipartisan insanity! John Harvey -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Ed Leafe Sent: Wednesday, November 26, 2008 5:04 PM To: ProFox Email List Subject: Re: [OT] How to determine if a market

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread John
I blame the democrats for the failure of the housing market, due to giving money to people who couldn't afford the loan, and the republicans for not raising hell about it. John Harvey -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Geoff Flight Sent:

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
We blame him for not putting the same emphasis on getting rid of corrupt Fannie Mae officials as he did with the war on Iraq. He should have called out Chris Dodd and Barney Frank months before the crash. * Barack Obama is not My President

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
Stupid compared to who? Certainly he's far smarter and more successful than you are. I like it when foreign losers denigrate the President. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08,

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
The elections were stolen, doncha know? LOL * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, John [EMAIL PROTECTED] wrote: From: John [EMAIL PROTECTED] Subject: RE: [OT] How to determine if a

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Geoff Flight
Smarter? Hardly!!! Successful? When I guess Stalin was more successful than me too - hardly a comparison to be overly concerned about. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Michael Madigan Sent: Thursday, 27 November 2008 11:12 AM To: ProFox

RE: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Michael Madigan
Stallin was much more civil than you also. * Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, Geoff Flight [EMAIL PROTECTED] wrote: From: Geoff Flight [EMAIL PROTECTED] Subject: RE: [OT] How to

Re: [OT] How to determine if a market has hit THE bottom.

2008-11-26 Thread Pete Theisen
Kristyne McDaniel wrote: Madigan, Care to explain this strange attack? Not much explanation needed. You scream doom and gloom and then act surprised when gloom and doom happen. Thus far, with Obama not even in office yet, the markets are quieting down as he reveals the new folks that