Bulls posts

macaque_2

The 70% club has analysed the posts by bulls on this website in relation to recent trends in the housing market.

1. GL phase
3 years ago the market was raging and the bulls posts were unashamedly gloating. Comments by bears were dismissed with phrases like 'missed the boat' and 'your just jealous'. (note: a common response by winners in raging bull market).

2. SD phase
As the market stalled two years ago the bull complacency waned and gloating post were replaced by implausible theories as to why the housing market could defy gravity indefinitely

3. WT phase
A year ago the housing market was sliding and many of the bulls abandoned the forum. Quality bull posts became hard to find.

4. SR phase
This year a sucker's rally kicked in and the bulls flooded back with a fresh clutch of amusing theories as to why the market was correction was over and a new bull market was begining.

5. BT phase
Today the sucker's rally is running out of steam and a second and bigger crash is lurking on the horizen. As a result, many of the bull posts have turned very ugly. Here is a sample

"asylum full of tin foil hatters"
Blacklight

"Of course they lie. Non stop lies, misdirection and propaganda."
Hamish_McTavish

"Where is that 7 stages of grief (or whatever) diagram the bears used to use when prices were falling. Mackak needs to see it now and work through the stages."
Harry Powell

"Never mind macaque you have taken the first step! you have admitted your denial"
Chuck Norris

"You must at last try and dip your toe into reality."
Conrad

"Do you and brit just lie through your teeth or are you simply mentally disabled?"
joeskeppi

I ask you friends, do the above responses have any place rational debate or do they carry the strong odour of panic?

the_flying_pig

I wouldn't hold your breath getting one of them to admit the above.

As you suggest the standard of debate has actually improved slightly since the Haliwide indices turned positive.

If [when IMO] they turn negative again the 'bulls' will withdraw back to their more risible previous battle lines, the ones that it can never be possible to have a sensible debate around, e.g.

who cares what the silly indices say - like anyone else with half a brain i would simply never sell at the pathetically low prices being touted around at the moment

or perhaps

there's no such thing as 'the housing market', rather a huge number of micromarkets, and i can assure you that prices in my region/county/town/suburb/street/house are skyrocketing

Dirk_Rambo

macaque wrote: »

I ask you friends, do the above responses have any place rational debate or do they carry the strong odour of panic?

i agree. one of the bulls has even resorted to stalking me as he just cant cope with the power of my arguement. how desperate is that

Dirk_Rambo

ps macaque, are you still accepting new registrtions for the 70 percent club? im most eager to join as big falls look nailed on now

phil_b_2

macaque wrote: »

I ask you friends, do the above responses have any place rational debate or do they carry the strong odour of panic?

I can assure you it's nothing to do with panic whatsoever.

Arent Bears the ones rewording news headlines and whatnot because they have nothing else real to go on?

ess0two

Yawn........................

Exocet

phil_b wrote: »

I can assure you it's nothing to do with panic whatsoever.

Arent Bears the ones rewording news headlines and whatnot because they have nothing else real to go on?

Surely it would be sensible, if not to be actually panicking, to be thinking and planning for what lays ahead? Fair enough, property is a particularly illiquid asset, and for some that may mean just hanging on with gritted teeth. I am talking about 'investors' of course, not those who just buy a house to live in.

So for those 'investors' who have mortgaged themselves to the hilt, borrowed every available penny on credit and rushed into dream of never ending HPI - do you not think there might be an element of concern. Unless of course it hasn't yet dawned what happens to geared 'investing' on the way down.

chucky

ess0two wrote: »

Yawn........................

you'll notice mewbie has posted with 2 different user names on this thread. what a mug.

@macaque - quality thread

ess0two

chucky wrote: »

you'll notice mewbie has posted with 2 different user names on this thread. what a mug.

@macaque - quality thread

Dirk Rambo is getting tiresome and predictable,perhaps he can trademark 'round my way ',MSE users need some new material.

chucky

ess0two wrote: »

Dirk Rambo is getting tiresome and predictable,perhaps he can trademark 'round my way ',MSE users need some new material.

i never get why there are always house price falls "round my way".

all these "people" must live in the same place

carolt

As I said elsewhere, chucky, it's for the same reason that there were never falls round ISTL's way, when prices were falling nationally.

It's a kind of price-related NIMBY attitude, I think.