"See Spleng's chart?.... economists are notoriously wrong with their economic forecasts." I did see Spleng's chart. That wasn't a forecast, but a historical index.
supposedly, the human brain is very easily conditioned. just after two or three instances of the same event occuring, the brain automatically expects the event to happen again. so the market crashes, comes up a little bit- people prematurely think the worst is over but then the market falls again. this happens a couple times and even the cheeriest will expect and fear the next drop and then no one will be buying. at all.
Her bio page says she specializes in "creative financing" and she puts a smiley face in the R of her name! Does that smiley tend to calm down the creatively financed people who are losing their shirts now?
dan- ha! double ha even. racheli- "loosing" a shirt sounds pretty cool, kind of like a NINJA move. luckily for me, I happened across this very forum while researching buying a house in November, and learned enough while lurking to take my down payment and sink it into two years worth of Roth IRA. also, rach- i'm not hiding anything. you don't need to know what my profession is. what i'm NOT doing is trying to ho myself out on a public forum.
me too! me too!radioheadthe curethe smithssiouxsie and the bansheesjesus and mary chainmy bloody valentinemars voltanirvanathe breedersmewthe flaming lipsthe boredomssonic youthministryskinny puppynine inch nails...... etc etc
Why are you buying in a DECLINING MARKET?
Reply