Comments on: Credit markets "seizing up"?

By: Akhen

Akhen — Fri, 10 Aug 2007 18:03:00 +0000

It's not on the local media outlet as the effects hasn't fully been felt on the streets.

That's why by the time it hit the streets, market has already established the trend downward.

It's way too late to protect any gains by then. It' simply protection of capital at that point.

Hope you're on the right side of the market ... at least mentally!

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By: beta

beta — Fri, 10 Aug 2007 15:57:00 +0000

Funny how Global news didn't mention any of these events on the 6:00 news.

It was like news from the Bizarro universe. Events are taking place that will have real effect on every viewer's lives, and they instead cover cars -- the business equivalent of a 'kitten in a tree' story.

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By: exvancouverite

exvancouverite — Fri, 10 Aug 2007 08:49:00 +0000

** Funny how Global news didn't mention any of these events on the 6:00 news. The top business story was a comparison between Buick and Lexus automobiles. **

Yeah, we caught that, too. And there was the fade out to commercial..."here are today's market numbers..."

There was a scroll of red numbers but no commentary.

Funny how that works.

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By: the pope

the pope — Fri, 10 Aug 2007 07:14:00 +0000

VHB: nope. No WAY could anyone have seen that coming. NO ONE thought the US market would collapse like that and NOBODY could have predicted the subprime collapse and its fallout on the wider credit markets.

Totally out of left field eh?

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By: blueskies

blueskies — Fri, 10 Aug 2007 06:01:00 +0000

nighty nite satv

beer: Unibroue "La Fin Du Mond"
music: Led Zep "Your Time is Gonna Come"
blog: VHB... where are ya?

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By: Cecil

Cecil — Fri, 10 Aug 2007 06:01:00 +0000

Funny how Global news didn't mention any of these events on the 6:00 news. The top business story was a comparison between Buick and Lexus automobiles.

That was followed by "brought to you by Remax...no one sells more real estate than Remax". What a joke.

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By: satv

satv — Fri, 10 Aug 2007 05:57:00 +0000

thanx blueskies

nice to meet you at vancouvers hot hot site vancouvercondo.info good night and you can countinue to post I will try to get back to you tomo.

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By: blueskies

blueskies — Fri, 10 Aug 2007 05:52:00 +0000

any RE holding now is toxic!

live in or rent out or to die for.

long term depreciating asset class

sell now!!

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By: satv

satv — Fri, 10 Aug 2007 05:49:00 +0000

THE CENTER OF GRAVITY is very strong for me. I am in win,win situation all over because multi unit holder at the end if you win I can compressed my units to save my self.

and specialy those are on absolutely perfect location where bubble change his direction because bubble is short of length.

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By: blueskies

blueskies — Fri, 10 Aug 2007 05:45:00 +0000

OTOH if you are not scared then you don't really appreciate the gravity of the situation.....

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By: satv

satv — Fri, 10 Aug 2007 05:39:00 +0000

definitley don't panic be confident, if you buying roof for your self no matter where that goes you have bought that on current market value. then after world goes down and up who cares reduce your debt as you go,and enjoy your life.

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By: satv

satv — Fri, 10 Aug 2007 05:33:00 +0000

Sub-prime and consequences estimated to be 40 to 50 times LTCM and 'its'.
No easy bailout here.

rentha that is good one,but I am not sure that money government and banks pumped in is that a lottery for loser? because I never had problem with credit so I do not follow sp to much.

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By: blueskies

blueskies — Fri, 10 Aug 2007 05:30:00 +0000

fascinating watching this...

almost deja vu from 2 year old blog entries

don't panic
don't panic
don't panic
don't panic.......

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By: satv

satv — Fri, 10 Aug 2007 05:28:00 +0000

bleuskies

you might know me I am one of you but little bit better position.so our situation takes us to diffrent direction.

if i was you might have, had same feeling because when peak is scary it is possible to assume fall that stop us to be confident about it are you schdule for 6 tomo.if you getting late tell me anytime,or I will assume anytime.

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By: rentah

rentah — Fri, 10 Aug 2007 05:22:00 +0000

Sub-prime and consequences estimated to be 40 to 50 times LTCM and 'its'.
No easy bailout here.

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By: blueskies

blueskies — Fri, 10 Aug 2007 05:21:00 +0000

uh... another rule:

if you find yourself in a hole...
stop digging....

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By: satv

satv — Fri, 10 Aug 2007 05:18:00 +0000

and most important is that house stand on ground, I mean they are down to earth by nature, so hardly can fall because they can not dig hole unless attacked by force.

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By: satv

satv — Fri, 10 Aug 2007 05:11:00 +0000

rules:

buy low sell high
what goes up must come down

blueskies
I am not agree :housing have strength to colide with some part of nature unless there is tsunami,hurricane etc.otherwise history teach us lots.when there is original holder without subprime issues.

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By: blueskies

blueskies — Fri, 10 Aug 2007 05:02:00 +0000

rules:

buy low sell high
what goes up must come down
if it sounds too good to be true, it is
a fool and their money are soon parted
.... and there is one born every minute

any of the above are broken at your own peril....

plus if there was no bad luck you wouldn't have any country and western music

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By: Clarke

Clarke — Fri, 10 Aug 2007 05:01:00 +0000

I think this may finally be the tipping point. Those of us predicting that prices would fall in 2008 may be calling it a bit late.

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By: satv

satv — Fri, 10 Aug 2007 04:45:00 +0000

anyway

blueskies nice to find you here
can you explain,if you were waiting for crash since long time like inspired by vhb,or with your own wish.

blueskies

it doesn't matter bear or bull after all we are human not animal, what we got here is our opinions.I don't mind even if you have to knock me down in arguments.so please do not feel hesitate speak out what ever.

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By: satv

satv — Fri, 10 Aug 2007 04:07:00 +0000

the pope this user wear my user name which say"
satv said...
Sometime I sound crazy, because I loose so much sleep over tax issue

8/9/07 9:03 PM

the pope I file abuse I don't know what is your policy and procedure.

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By: satv

satv — Fri, 10 Aug 2007 04:03:00 +0000

Sometime I sound crazy, because I loose so much sleep over tax issue

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By: blueskies

blueskies — Fri, 10 Aug 2007 04:00:00 +0000

satv

yes from the westside
i b a renter bear
gonna be a bullish vulture in due course
after today i am declaring myself
"scared shitless".... so there

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By: Damir

Damir — Fri, 10 Aug 2007 04:00:00 +0000

I thought when LTCM collapsed, it was in the single digit billion range, right?

You're off by about three orders of magnitude. All-in LTCM was right around the trillion dollar mark - although we're unlikely to ever know for sure because the positions were unwound behind closed doors.

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