Piss off! :D
I can ask any question I want, for whatever reason I want.
You have no idea what my motives are, or if they exist at all.
I reiterate my original: Will the DJIA drop MORE than 500 points in the next six months?
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This thread has nothing to do with tanks.
http://www.snap-shot.com/picpages/00...html?tank1.jpg
Benny, you couldn't buy the materials to build my house now for what I paid to have it built 8 years ago. Plus they are estimating that there will be a million new jobs in the DC Metro area in the next ten years. Crash? What crash?
The peoples gots to live somewheres.
commodities, especially gold, are going to break out very very soon
I'd be surprised, there are only 12 houses on the street and none of them has sold in the past seven years, I'll take that bet!
edit: I wonder if I could put "Benny owes Ice Patron" on the calendar.
Plastics?
Well, give, like, a 1/4 mile radius, OK?
I'd like to suck on some of that Patron titty, if you please.
Don't I get some kind of kickback for starting the thread that produced the bet?
I'll collect, say, 3.7% of the liquid volume of the Patron from whichever one of you two win.
Now it does...
http://www.baseops.net/militarybooks/abrams_2.jpg
Last quarter treated me well, this quarter is looking pretty good. My investments are spread around a bit, though.
Anyway, should I take the profits & reinvest after the crash? If so, plz indicate dates and safe harbors for the interim period.
Note that a 4% drop in the next six months and 20k by 2012 aren't even remotely mutually exclusive.
The question remains, is the DJIA going to tank/drop/hiccup/whatever you want to call it based on your relative and long term perspective/etc in the next six months?
EDIT: Where is the Magic 8 Ball when you need it?
I strongly beleive gold is headed for 1000+ an ounce.
I am pretty sure they delisted your holdings in Confederate Slave Trade, Co., the East India Company, and Wright Brothers Rubber years ago.
iceman is so old he remembers the days of tickertape.
And to answer Yoss's question, I have greatly diversified my portfolio in anticipation of an overvalued US equities market.
You're right, should we make the burden higher?
Any takers at DJIA 12,500 within the next six months (while on the way to 20,000 in 2012, of course :D)?
Seven years after the crash of 2000, the NASDQ has yet to come near its highs of that time. It is possible that it never will.
Some analysts see that as bullish, arguing that all of the indexes have to see new highs before this bull is over. Others posit that it is highly bearish since this bull market ran its course a long time ago and it's just matter of time for the entire market to realize it.
After losing all of my retirement in the crash of 2000, I was comfortable lightening up a little bit last month. I can't (and won't) let what happened to me in '85, '97 and '00 happen to me again.
I probably lightened up too much and too early this time but that's OK by me. I've learned I'd rather kick myself for gains I may miss than kill myself for losing money I actually had.
May 15, 2007
NEW YORK (CNNMoney.com) -- U.S. home prices fell for their third straight quarter, according to an industry report released Tuesday.
The median price of a single-family home fell 1.8 percent to $212,300 for the three months ended March 31, compared with the first quarter of 2006, according to the National Association of Realtors (NAR).
It was the third consecutive quarter of decline, and prices are now down 6.5 percent from their peak of $227,100 in 2006.
The City was happy to report to me that my property value had risen 20% over the last year. I was not too hurt when I paid the piddly extra tax on my investment.
What's that?
Yes, I did pick my neighborhood wisely.
psssstttttt
your property tax assessment doesn't "really" have anything to do with your home's "value"
Isnt property tax based on the home value? Like $1.00 for every $1,000.00 in value?
it is based on your assessed value, yes. Depending on your state/locality there can be a lot of "other" stuff that goes into your assessment.