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View Poll Results: Where are the markets going next?
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Back through the roof
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1 |
6.67% |
Nowwhere Fast
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0 |
0% |
Straight to hell
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11 |
73.33% |
I don't know and I'm feeling a little sick right now
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3 |
20.00% |

08-10-2007, 04:28 PM
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Hummer Guru
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Join Date: Nov 2002
Location: Brooklyn,NY,USA
Posts: 2,331
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Where do you think it's going from here?
Just sitting in the office watching the market slip away. Wondering where things will go from here. Just wanted to see what everyone else's opinions were.
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08-10-2007, 04:42 PM
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Hummer Messiah
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Join Date: Jan 2003
Location: ENRAGEMENT FOR HIRE
Posts: 31,286
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Re: Where do you think it's going from here?
Buy gold
__________________
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My advice to you is get married: if you find a good wife you'll be happy; if not, you'll become a philosopher.
My Video Collectionez
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08-10-2007, 04:54 PM
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Hummer Messiah
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Join Date: Nov 2002
Location: PDX
Posts: 2,367,817
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Re: Where do you think it's going from here?
Up & down X infinity.
It's all fixed anyway. Worse than gambling.
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08-10-2007, 05:13 PM
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Hummer Deity
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Join Date: Feb 2005
Location: In the basement of the Alamo
Posts: 10,855
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Re: Where do you think it's going from here?
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08-10-2007, 05:14 PM
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Hummer Authority
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Join Date: Jan 2004
Location: WI
Posts: 1,812
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Re: Where do you think it's going from here?
We are de for a "correction" to say the least. Bummer, I was kicking some real ass until to all that long ago.
__________________
1997.5 Black Slantback
The Sole Remaining God Father
-007=
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08-10-2007, 08:25 PM
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Hummer Messiah
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Join Date: Apr 2003
Location: Virginia Beach
Posts: 37,474
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Re: Where do you think it's going from here?
I'll be the optimist.
__________________
"My reading of history convinces me that most bad government results from too much government."---Thomas Jefferson
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08-10-2007, 09:55 PM
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Hummer Guru
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Join Date: May 2005
Location: Virginia Beach
Posts: 5,081
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Re: Where do you think it's going from here?
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08-16-2007, 07:15 PM
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Hummer Guru
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Join Date: Dec 2005
Location: In a FREE U.S.A. where Marxism, Socialism & Communism is not allowed !
Posts: 5,485
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Re: Where do you think it's going from here?
Quote:
Originally Posted by DennisAJC
Buy gold
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Dennis, i don't agree with you often but in this case taking possession of gold or silver bullion is an excellent idea.
Gold in 1 and 10 troy ounce bars and silver in 100 ounce bars...
as of 2:20 this afternoon spot gold is down 3.12% and spot silver is down 0.02%
__________________
REMEMBER
History, be it in 1 Year, 10 Years, a Hundred Years or One Thousand, will show that those people who voted for John McCain in the United States Presidental Election of 2008 were true patriots...
Last edited by RubHer Yellow Ducky : 08-16-2007 at 07:22 PM.
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08-16-2007, 07:16 PM
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Hummer Guru
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Join Date: Mar 2005
Posts: 3,356
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Re: Where do you think it's going from here?
Puntang is hot right now too!
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08-16-2007, 07:46 PM
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Hummer Messiah
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Join Date: Jan 2003
Location: ENRAGEMENT FOR HIRE
Posts: 31,286
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Re: Where do you think it's going from here?
Quote:
Originally Posted by RubHer Yellow Ducky
as of 2:20 this afternoon spot gold is down 3.12% and spot silver is down 0.02%
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Best time to buy. My Precioussssss!!!!!
__________________
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My advice to you is get married: if you find a good wife you'll be happy; if not, you'll become a philosopher.
My Video Collectionez
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08-16-2007, 07:50 PM
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Hummer Guru
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Join Date: Mar 2005
Posts: 3,356
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Re: Where do you think it's going from here?
and liver spots up on RYD 10% 
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08-16-2007, 08:08 PM
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Hummer Messiah
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Join Date: Jan 2003
Location: ENRAGEMENT FOR HIRE
Posts: 31,286
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Re: Where do you think it's going from here?
Quote:
Originally Posted by usetosellhummer
and liver spots up on RYD 10% 
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OK that was funny! 
__________________
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My advice to you is get married: if you find a good wife you'll be happy; if not, you'll become a philosopher.
My Video Collectionez
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08-16-2007, 08:16 PM
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Hummer Authority
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Join Date: Apr 2003
Location: Las Vegas
Posts: 1,819
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Re: Where do you think it's going from here?
Someone get Winthorp in here and tell him to SELL SELL SELL!!!
Real Estate prediction for 2008
2008 brings most of Balloon Mortgages out there coming due
Lenders still in buisness are deep cutting mortgage products
Less loan programs = less buying and refinancing
Underwriting guidelines are tightened
Consumers are maxed-out and unable to repay and can't refinance
No more “Officer and a Gentleman" loans
Home values drop
No more equity to support spending habits
Fewer potential buyers
Increasing inventory
Increasing foreclosures
15%+ Home Value drop in 2008
HOWEVER There is still massive opportunity here if you time the Real Estate market correctly
Here is the answer:
Buy low Sell high!! 
__________________
... Teh black won't get you back
Last edited by NJ H2 : 08-16-2007 at 08:19 PM.
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