Bullish Bulls have been calling the "Soft Landing" every year since 2002.

julieq

Well the question is how you dispatch someone who's so dense he hasn't even noticed he's made a mistake that's cost him 10 years of rent and about a hundred grand. If he's in denial about that, the chances are fairly high he won't have difficulty being in denial about who was forecasting fixed landings.

So you might as well agree with him really.

chucknorris

julieq wrote: »

Well the question is how you dispatch someone who's so dense he hasn't even noticed he's made a mistake that's cost him 10 years of rent and about a hundred grand. If he's in denial about that, the chances are fairly high he won't have difficulty being in denial about who was forecasting fixed landings.

So you might as well agree with him really.

I suppose you have a point you can't. I wonder if he has always been this dense or maybe the realisation that he has screwed up his whole financial life has sent him over the edge. A stronger person would have picked themselves up, accepted their mistake and rebuilt their life. It's a warning to us all, be strong because no one is safe from mental illness, it can strike anyone.

Geneer it's not too late to have a meaningful life, but I think in order to do so you have to accept that you have been a fool, forgive yourself and move on. I'm no expert but I think your 'issues' might clear up if you try and rebuild your life. Is there nothing you like doing other than venting your anger here. For example yesterday I took some time out to go cycling with my dog in the woods, it was a lovely sunny day and it was great to see him have such fun chasing sticks and also having a swim. Perhaps you could take up a sport or a hobby if you are not into physical activities.

System

chucknorris wrote: »

For example yesterday I took some time out to go cycling with my dog in the woods, it was a lovely sunny day and it was great to see him have such fun chasing sticks and also having a swim. Perhaps you could take up a sport or a hobby if you are not into physical activities.

Time that would have been much better spent drawing cartoons of your favourite forum celebrity to be honest.

chucknorris

Joeskeppi wrote: »

Time that would have been much better spent drawing cartoons of your favourite forum celebrity to be honest.

Pity there wasn't a double thanks button (you earned it)

julieq

Honestly, the surest route to wealth is to try to bias your choices towards shrewd decisions and accept you win some and you lose some but on balance you come out ahead.

You're more likely to be shrewd if you can look behind headlines and statistics and understand relative significance - pretty much everything I post here is about that one way or another. Anyone who deals with risk will tell you that the first step is to gather together the best available information in a usable form, and the second step is to remove emotional attachment and measure the risks objectively.

If you stake your entire future on one almighty gamble - house prices falling (or rising for that matter) - then you're a hostage to fortune, end of. You may well win, but loss is catastrophic.

Actually if you look at what has to happen to win a long term bet on house price reduction, it's stacked massively against you anyway because of the long term ramp on prices via inflation and supply/demand shortfall, and the cost of rental. Very very dangerous bet, and it gets worse the longer you hold it and you're fighting long term trends rather than short term fluctuations.

So it's really no surprise that anyone holding that bet and seeing losses accumulating inexorably gets to an oddly obsessional state where they actually believe that shouting people down in an internet forum has some sort of causal effect on the outcome. Obviously it doesn't.

geneer

Rinoa wrote: »

He doesn't care to be reminded of that Chucky.

Think I'll put it in my sig. so he doesn't forget.

What, your sig that used to look like this you mean.

Can't help but notice a not too subtle moving of the goal posts.
Anything in particular brought that on?
:rotfl::rotfl::rotfl:

geneer

julieq wrote: »

Give in Chuck, we all know we were calling soft landings. Crazy days they were, you'd get up in the morning, take a deep breath, and howl "SOFT LANDING FOR NEXT YEAR" at the top of your lungs. There's no point in denying it really.

Sorry Julieq, but is this you talking for "the bulls" again.
You remember, the bulls you were very clear in stating weren't a single hive mind. I would be interested in when you took that comprehensive poll. :rotfl:

Three things of relevance.
1) It is now a matter of record that the VIs were indeed calling a soft landing since 2002.

2) Lets face it, we all know how prone the bulls are to picking up random VI memes and thoughlessly running with them.

And most importantly.

3) Many us do indeed recall the prevalence of the bullish "soft landing" mantra in the run up to the meltdown.


Ask Rinoa (AKA COLUMBO). He's been calling soft landings since 2005. Haven't you old timer.

geneer

julieq wrote: »

Well the thought was that if someone gets off from arguing, the best policy is to agree with them. It's almost impossible to argue with someone who agrees with you. Since no-one here was arguing for a soft landing, and by definition no bull would, it's obviously a ridiculous thread, but there's some fun to be had I fancy.

Again, thrilled to see that you consider yourself qualified to talk on behalf of all bulls. No doubt that will be your comprehensive record of everything they've ever said in the last decade:rotfl:

The reason the soft landing became so overused was the sphincter tightening subconscious awareness that things were indeed looking a bit "crashy". It was obvious to even the most bullish bull that it could not continue. But since it couldn't continue, and looked like reaching breaking point, what could be said.
That a correction was likely? Nah. They couldn't even bring themselves to that conclusion in 2008.

The natural response. Create a warm and fuzzy feel good scenario, utterly unsupported by market mechanics, inject it into the group think, and ease the sheeple back into a state of unthinking calm.

So sorry to break it to you, but the "Soft landing" was a bullish creation. Always was, always will be.

geneer

Joeskeppi wrote: »

Time that would have been much better spent drawing cartoons of your favourite forum celebrity to be honest.

Wow. The bulls didn't like the cartoons taking the pizzle out of the stereotypical bullish actions of stereotypical bulls.

Colour me surprised.

Wasn't one of those celebs Hamish Joe.
Ah. It all becomes clear.

geneer

chucknorris wrote: »

You might have been but I certainly wasn't, 2005 was my tip for things to change, ok I got it wrong by a couple of years but it didn't really matter as I knew that i was in the market until about 2020-2025 anyway (and that is still the case).

But really the point is 'what is the point of this thread', what purpose is it serving? Property prices are higher now than they were in 2002, so why dwell back to then to dig this up? It's just a daft thread by an equally daft poster.

Well Chuck, glad you asked.

See, timing has become very important to bulls in the wake of the market meltdown the failed to see coming.

Its been a way of attempting to move the goalposts. A rather obvious fall back position if you will.

"So house prices crashed, and you bears were right about that.
Doesn't matter, as someone once STRed in 2003.
TIMING IS EVERYTHING!"

No doubt why it appears to have touched a nerve.

Lets face it, your response above is a variation of that exact same fellacious fallback position.

As were the responses of the many bulls who have contributed to this thread, prior to their hilarious - but inevitable - degeneration into personal attacks.

But its become quite apparent that it wasn't just the bears who had trouble timing the market changes.

The bulls have had quite a time of it as well.
Yet the crash arrived, as it inevitably would.
"never" is a long time to wait for that magical unicorn like soft landing.