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I love how guys like Pastrick go from perpetual appreciation machine to "long anticipated price cycle peak" without admitting that he was wrong.

Lereah did it too. Gave us bogus sunshine reports and then reported that prices dropped just as he had anticipated.

Rob Chipman now claims that he has anticipated a 20-40% drop. All he has ever said are cliches such as "buy when the numbers work" and the "cure for high prices is high prices". Now that the sh*t storm has finally arrived, he retroactively repositions himself. What a joke.

Asshat Gary Watts from the States finally admitted that he was wrong, but blamed it entirely on Wall Street shenanigans.

It is really twisted how all the usual suspects try to reposition themselves to not only escape culpability, but to paint themselves as prophets. Sick I tell you.

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Once again *exactly* tracking what happened in the US market.

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A lot of news on the recession this morning. CNN had a piece on recession proofing your assets ie. savings account.

Building permits in Canada up 1.1%. Housing permits dropped, commercial gained and made up for the housing short-coming.

Consumer confidence at all time low.

BC Housing starting to fall: "Price declines in Vancouver and the Fraser Valley look to continue in the near term," according to Credit Union Central B.C.'s latest weekly economic briefing. "The long-awaited and much-anticipated price cycle peak probably occurred in February."

TSX continues to fall today. Dollar is down on oil retreat.

BOC set the tone for higher interest rates. Likely they won't raise them next week but they are worried about inflation and it's only a matter of time until the rates start climbing.

It's going to be the "Perfect Storm". Batten down the hatches and hold on tight!

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B.C. Records Biggest Drop in Consumer Confidence

http://www.canada.com/vancouversun/news/story.htm…

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Often they can be recognized by the rusty Camaro (if Asian, make that rusty Civic with 3" chrome tailpipe) that they tend to tailgate you in.

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Matt has nothing of value to add. His only topic of conversation is how much smarter he is than everyone else around him. In my experience people who need to brag about their mental prowess to that degree are very insecure about their intelligence. Usually they're insecure with good reason.

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Example of an oxymoron: the phrase "Matt thinks".

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Matt has long way to go because he has just sold his house then he has become desperate to re-enter quickly as he can so he has chose his suitable plate form called cry but after january 2009 he will change his plate form from cry to screaming.

Did you notice on 5k disscount they had start talking about recession,inflation,stagflation,and job loss but those are the least form on ending stages so you can see loser begin with final spin which already ended in march 2008 you can say lmao again!!!

Between INFORMERSOURCE1.said our blogger poster SOPHIA is pregnent by almost 2.5 months while informer source 2 said she is planing to settle up back home in ns.

SOPHIA?

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