Bear is standing on Dow's doorstep

The Dow HAS to break 10,000 before it can base out and start it's climb back up again !

Kobe tell me how the market tastes!

It'll go down far enough to wash out all the lame nitwits that need washing out.

Then a democrat will say it's another reason to impeach bush.

Then the democrat is caught in a sex scandal and taking a bribe.

Again.

How is everyone's 401Ks looking now. Their will be no retirement in this country.

Franco: "The Dow HAS to break 10,000 before it can base out and start it's climb back up again ! " So why not sell beforehand, ride it out, and get back in? This buy and hold stuff is gonna slay the ordinary uniformed investor. How far below 10,000 is it gonna go? Answer: Low enough to attract buyers. And exactly who has money to invest these days? If I owned stocks, I would sell everthing now and open a TreasuryDirect.com account and wait a few years.

A collapsing Stock Market will probably help the Real Estate market recover just like the Tech Bubble falling apart helped it back in 2001. How much will it help is the question!!! Investors don't like watching their "paper money" disappearing, so they pull it out and put it into a tangible investment that they can touch and see. With prices of Real Estate down by 50% or more from its peak of 30-36 months ago, it just might start looking good again. Most of the traditional investments are at the top of their price range and falling in value or at explosive highs. With our dollar is so weak we can't buy anything outside of this country. Yet Investors, including some we've never seen before from India, Southeast Asia, Middle East and China are able to come here and buy whatever they want. The next "hoard" of immigrants driving up the price of Real Estate won't be speaking Spanish. They'll be Asian, a lot of them Muslim using money or "Petrol Dollars" which used to belong to the "middle class" here in the USA but was outsourced or used to buy foreign oil and created a middle class in the above noted countries. That's my prediction of what we'll see in this country over the next 20 yrs, just like all of Western Europe, Scandinavia and Western Canada have been struggling with for the last 6-8 yrs. So get ready to say hello to your new neighbors...they're going to be a lot different than the ones you have now.

Good Job Brownie wrote:

A collapsing Stock Market will probably help the Real Estate market recover just like the Tech Bubble falling apart helped it back in 2001. How much will it help is the question!!! Investors don't like watching their "paper money" disappearing, so they pull it out and put it into a tangible investment that they can touch and see. With prices of Real Estate down by 50% or more from its peak of 30-36 months ago, it just might start looking good again. Most of the traditional investments are at the top of their price range and falling in value or at explosive highs. With our dollar is so weak we can't buy anything outside of this country. Yet Investors, including some we've never seen before from India, Southeast Asia, Middle East and China are able to come here and buy whatever they want. The next "hoard" of immigrants driving up the price of Real Estate won't be speaking Spanish. They'll be Asian, a lot of them Muslim using money or "Petrol Dollars" which used to belong to the "middle class" here in the USA but was outsourced or used to buy foreign oil and created a middle class in the above noted countries. That's my prediction of what we'll see in this country over the next 20 yrs, just like all of Western Europe, Scandinavia and Western Canada have been struggling with for the last 6-8 yrs. So get ready to say hello to your new neighbors...they're going to be a lot different than the ones you have now.

The real estate bubble was "paper money", too. Those inflated prices were not tangible as we can se by today's falling home values. A few made gains and got out. Most didn't.

Investors will not shift significant funds back into real estate right now because that elevator ain't goin back up.

Cash is king today and probably till well after the election. Rising energy costs have distorted every existing business model and there will be no new emerging markets for investors until that stabalizes.

Reduce debt, clear the balance sheet, remain as liquid as possible for the next 12 months, maybe more.

Don't interpret "hoard" with a Racist overtone but more like locusts invading and consuming everything in sight. All of the Trillions of our middle class dollars will return here in someone else's pockets and they will establish the NEW middle class right here in the USA. Just like "Urban Renewal" where new buildings and whole cities are built upon the foundations and torn-down remains of old buildings and the lives of people who used to live there. So will the establishment of a new middle class be built upon the torn-down remains of what used to be the middle class of the USA... The Societal and class evolution in this country is not going to be kind or gentle to those who have been the middle class for over 150 yrs and just assumed they would always remain so...BIG changes are 'a coming!!

The profit or loss in Real Estate is ABSOLUTELY "paper money"...very true. However, the product or investment is very tangible. In troubled times that is what a lot of Investors want. Something they can see and feel provides a greater sense of security to them. They feel like they can fix or improve the investment themselves hence increasing it's value. They feel they can market one property better than a Corporation can a whole Global line of products. This may not be true...but it doesn't stop many people from believeing it, they see or hear about other's buying and selling property at "huge" gains and want in on the easy money. These buyers are what create "a market" where one didn't exist before...you can call it a "paper market or a bubble" if you like...but it's still a very real part of our economy and with people making and losing trillions of dollars...and face it our economy is ALL "paper money" when you get right down to it!!! In times of increasing Inflation..."Cash is NOT King", it is very quickly eaten away by the rising cost of everything around you. Finally, these "middle class" people from other countries using money that used to belong to the middle class in the USA...they ARE coming and will utilize ALL the financial leverage and expect ALL the rewards, gains and comforts that we as the original middle class once took so for granted in this country. We're about to get a lesson on Evolution in this country that's going to be very ugly and painful for alot of people...

doug wrote:

<quoted text>
The real estate bubble was "paper money", too. Those inflated prices were not tangible as we can se by today's falling home values. A few made gains and got out. Most didn't.
Investors will not shift significant funds back into real estate right now because that elevator ain't goin back up.
Cash is king today and probably till well after the election. Rising energy costs have distorted every existing business model and there will be no new emerging markets for investors until that stabalizes.
Reduce debt, clear the balance sheet, remain as liquid as possible for the next 12 months, maybe more.

Just as we learn from watching the operations of an elevator, all of the markets (stocks, commodities, bonds, real estate, etc.) go up and down.

Similar to the cycles that weather and climate go through.

The Earth and all its contents (that includes us) are dynamic.

In spite of the silly Hope and Change campaign by B. H. Obama and his mindless sycophants .... CHANGE is continual and inevitable.

BINGO!!! your exactly right, even the part about "including us". That is why Obama is so popular, there are finally so many people that recognize they are in the "down elevator", they want anyone that both promises any kind of change from the direction they're going AND doesn't seem part of the "Establishment" which they feel is who shoved into the "down elevator" in the first place. I think that's why Hillary got edged out...even though she had her own message of change and Bill did extremely well with the economy...both Bill and Hillary were still seen as too connected to that establishment within the Washington Beltway. I can tell from your post you prefer McCain to Obama...but of the two, I think most people are going to see McCain as part of the Establishment made up of BOTH Repubs and Dems that have stood by taking care of nobody and nothing but themselves and a very small group of select people and interests. Meanwhile the "inevitable change" you mention has...as it always will, continues to occur. The victims of the unmanaged and unanswered change are widespread in this country. The poor and minorities in this country, who have rarely felt listened to or taken care of have been joined by 10's of millions of middle class Americans that feel like they've been ignored pretty much by every President and politician since the 1970's. The world kept changing, they took care of themselves and MOST Americans...and all the things that make our country unique have taken a vicious beating. Will Obama bring attention back to the needs of All Americans and All of America...I don't know.

Hazmat wrote:

Just as we learn from watching the operations of an elevator, all of the markets (stocks, commodities, bonds, real estate, etc.) go up and down.
Similar to the cycles that weather and climate go through.
The Earth and all its contents (that includes us) are dynamic.
In spite of the silly Hope and Change campaign by B. H. Obama and his mindless sycophants .... CHANGE is continual and inevitable.

Meant to say "While" MOST Americans...not "and".

Bush's Iraq blunder has put this country into the worst depression since 1929. And it could be worse than that one. A 7000-8000 Dow in 18-24 months wouldnt surprise me at all.

Mackie wrote:

Bush's Iraq blunder has put this country into the worst depression since 1929. And it could be worse than that one. A 7000-8000 Dow in 18-24 months wouldnt surprise me at all.

This statement is nonsense written by an ignorant person..

If ignorance were a requirement for royalty, you'd be king.