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Go Back   Hummer Forums by Elcova > ETC. Forums > General Off Topic

View Poll Results: Where are the markets going next?
Back through the roof 1 6.67%
Nowwhere Fast 0 0%
Straight to hell 11 73.33%
I don't know and I'm feeling a little sick right now 3 20.00%
Voters: 15. You may not vote on this poll

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  #1  
Old 08-10-2007, 04:28 PM
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Default 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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  #2  
Old 08-10-2007, 04:42 PM
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Default Re: Where do you think it's going from here?

Buy gold
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  #3  
Old 08-10-2007, 04:54 PM
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Default 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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  #4  
Old 08-10-2007, 05:13 PM
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Default Re: Where do you think it's going from here?

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  #5  
Old 08-10-2007, 05:14 PM
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Default 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.
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  #6  
Old 08-10-2007, 08:25 PM
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Default Re: Where do you think it's going from here?

I'll be the optimist.
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Old 08-10-2007, 09:55 PM
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Default Re: Where do you think it's going from here?

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  #8  
Old 08-16-2007, 07:15 PM
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Default Re: Where do you think it's going from here?

Quote:
Originally Posted by DennisAJC
Buy gold

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%
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Last edited by RubHer Yellow Ducky : 08-16-2007 at 07:22 PM.
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  #9  
Old 08-16-2007, 07:16 PM
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Default Re: Where do you think it's going from here?

Puntang is hot right now too!
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Old 08-16-2007, 07:46 PM
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Default 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%

Best time to buy. My Precioussssss!!!!!
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Old 08-16-2007, 07:50 PM
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Default Re: Where do you think it's going from here?

and liver spots up on RYD 10%
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Old 08-16-2007, 08:08 PM
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Default Re: Where do you think it's going from here?

Quote:
Originally Posted by usetosellhummer
and liver spots up on RYD 10%


OK that was funny!
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Old 08-16-2007, 08:16 PM
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Default 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!!
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Last edited by NJ H2 : 08-16-2007 at 08:19 PM.
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