NATIONWIDE - Actually, Prices went up

System

mewbie wrote: »

And I promise not to spend hours debating with you whether there actually is a real cake, and if there was whether it could be considered a lunatic.

Why would you want to do that? It's not as if I based an entire argument on a crap analogy is it. I mean who would do such a stupid thing.

Degenerate

mewbie wrote: »

3. "Bubbles don't reinflate" sums up pages worth of arguably tedious financial knowhow in a single simple soundbite. It is fairly factually correct when applied to any economic situation where a "bubble" has occurred.

The valid point he was making is that you streched the metaphor beyond the point where it made any sense. I can say I like to give my car a bit of stick and it's perfectly sound, but if I add that afterwards I reward it with some sugarlumps I'm talking gibberish.

Cannon_Fodder

Joeskeppi wrote: »

bears or bulls

For those who are not sure...they are not ACTUAL bears or bulls...

Wouldn't want to try and close the stable door after the grizzly has bolted.

Or put humpty together again after the bison has ravaged the china shop.

michaels

Anecdotal but we went to look at a property today that has been on for a few months and wouldn't have thought at looking at except there really is nothing at all available and found they were having 5 or 6 other viewings today, like I said this is not competitively priced new to the market, this is part of the dregs and yet lots of viewings and probably a sale fairly soon. Not sure about the rest of the country but family homes in St Albans don't seem to be falling any more.

Dan:_4

Interesting...

About the bull/bear thing...I just want to make everyone aware that im neither. If I could wish 50% off HPs in the next 1-2 years - I would, because am planning to trade up and want a smallish mortgage - shame, it won't happen tho...

System

Quite, everyone is either a bull, bear, or an unbiased realist

Dan:_4

I'm probably the most unbiased member on MSE

Thrugelmir

Dan: wrote: »

Interesting...

About the bull/bear thing...I just want to make everyone aware that im neither. If I could wish 50% off HPs in the next 1-2 years - I would, because am planning to trade up and want a smallish mortgage - shame, it won't happen tho...

Agree.

In economic terms I'm a bear. As there's bad news to come, and until the picture becomes clearer, ie the Government publishes a long term strategy. I would want to sit primarily in cash.

However there always opportunities. Last year the FTSE hit 3700. So took the opportunity to acquire further holdings in BP, Shell, Vodaphone, Tescos, Southern Electric and a few others. Since been buying corporate bonds yielding average 12% ( Glaxo, Land Securities, Credit Suisse for eg). Not as a bull , but because the companies are fundamentally sound and the price was good at the time. Always a risk in investing but diversify your portfolio to offest.

We are plainly in a bear market. As sellers outnumber buyers. It will turn round. When? I'm reading my tea leaves right now!

dervish

Dan: wrote: »

I'm probably the most unbiased member on MSE

the deceit on this board is sometimes straggering...! :eek:

Dan ONLY EVER posts bullish comments (or FACTS as he calls them) about the housing market.

I defy anyone to prove otherwise.

StevieJ

Cannon_Fodder wrote: »

For those who are not sure...they are not ACTUAL bears or bulls...

Wouldn't want to try and close the stable door after the grizzly has bolted.

Or put humpty together again after the bison has ravaged the china shop.

And I take it you are not exactly cannon fodder, although sometimes I wish you were