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Harder to rewrite history than you think Bulls.
Comments
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heathcote123 wrote: »So in a period of 10 years, he got 1 year nearly right?
You're being generous tonight.:)
I think "nearly right" is stretching it a bit.
It was the wrong year, the wrong amount, and for the wrong reasons, but other than that...... :rotfl:“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »JD STR-ed in 2002 expecting imminent price falls because of Iraq...
sold with a 100% profit. And?HAMISH_MCTAVISH wrote: »
He then again wrongly in 2004 predicted falls for 2005 and 2006......
Correct.HAMISH_MCTAVISH wrote: »
In 2005 he called the crash for 2007, when prices rose 5% instead.
Semantic bullw@nk. Crash did actually start in 2007.HAMISH_MCTAVISH wrote: »
He was only partially right about 2008 (although he called it for 2007)
And it started in 2007. It continued through 2008.HAMISH_MCTAVISH wrote: »
and completely wrong about the cause of those falls.
Of course by completely wrong you mean he called the fact that rising interest rates would burst the bubble and that there was going to be a credit crunch.HAMISH_MCTAVISH wrote: »
Then he called for huge falls again in 2009, 2010 and 2011, whilst prices have actually risen markedly from early 2009 when he made the call.
Who's disputing this.
As I said, post crash the games open.
Not all that interesting.
Doesn't form a part of the fabricated bull history rewrite collective.HAMISH_MCTAVISH wrote: »
He's so bad at this, he makes Capital Economics house price predictions look good.:rotfl::rotfl::rotfl:
So to recap.
In 2004 he failed to account for the unprecedented scale of banks suicidal changes to loose lending criteria.
Meanwhile so did the bullish commentators, incorrectly calling the soft landing all years between 2002 and 2007.
In 2005 he correctly called the crash would start in 2007.
He correctly called two of the various reasons for the same.
Whislt bullish commentators were saying house prices would not crash. And continued incorrectly calling the soft landing.
In Autumn 2007 he said a house price crash was imminent.
Whilst bullish commentators said a crash would not happen (and of course predicted a soft landing).
Seems very clear to me who the worst commentators are.0 -
Nope. Crash started 2007. End of.HAMISH_MCTAVISH wrote: »It was the wrong year
Yet the right direction. Making it an infinitely better prediction than the rest of 'em.HAMISH_MCTAVISH wrote: »
the wrong amount
Nope. Rising interest rates & a Credit Crunch.HAMISH_MCTAVISH wrote: »
and for the wrong reasons
Pretty much spot on.0 -
HAMISH_MCTAVISH wrote: »You're being generous tonight.:)
I think "nearly right" is stretching it a bit.
It was the wrong year, the wrong amount, and for the wrong reasons, but other than that...... :rotfl:
Well, we've all made mistakes, I say fair play to him for sticking his neck out and giving it a go. After all, we all loved Eddie the Eagle didn't we?
I have a theory that JD may be a bit depressed over the whole affair, and Geneer is actually his wife, who has assumed on online identity in an attempt to bolster his self esteem.
It's the only explanation that makes any sense.0 -
heathcote123 wrote: »I see it like this pimps.
Geneers colleague says "the next person to walk through that door will order a Zinger tower burger"
48 People walk through the door and order various combinations of chicken related goods - but no zinger tower burger.
The 49th person walks through the door, and orders a zinger tower burger.
Geneers draw drops - he has a life changing moment, realising that his colleague is actually a prophet of god and devotes his life to making 100 posts a day about him on lots of different internet forums.
However, during the time it took 48 people to buy chicken related goods, the price of Zinger tower burgers has risen by so much that geneer can no longer afford one for lunch - even with staff discount.
This is one of the funniest posts that I have read on here for a whileChuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
It would be interesting to know whether this chap has made more money from following his own predictions or offering advice and making media appearances.
On the house side if he STR'ed in 2002 then he's clearly lost money following his own advice. That is unless he invested in silver and managed to live rent free.0 -
It would be interesting to know whether this chap has made more money from following his own predictions or offering advice and making media appearances.
On the house side if he STR'ed in 2002 then he's clearly lost money following his own advice. That is unless he invested in silver and managed to live rent free.
Doh! People are going to think you are me now.
I was typing the question while you were thinking it. 0 -
I've just wasted 2 minutes of my life reading this !!!!!!.
!!!!!! guys why are you arguing over what some t0sser that you have never met did or didn't say or do 10 years ago?
exactly my thoughts. geneer is speaking as though he is JD and made these predictions. must be nice to have a hero I suppose, most of us grow out of that when we clear our teens.0 -
sold with a 100% profit. And?
Correct.
Semantic bullw@nk. Crash did actually start in 2007.
And it started in 2007. It continued through 2008.
Of course by completely wrong you mean he called the fact that rising interest rates would burst the bubble and that there was going to be a credit crunch.
Who's disputing this.
As I said, post crash the games open.
Not all that interesting.
Doesn't form a part of the fabricated bull history rewrite collective.
So to recap.
In 2004 he failed to account for the unprecedented scale of banks suicidal changes to loose lending criteria.
Meanwhile so did the bullish commentators, incorrectly calling the soft landing all years between 2002 and 2007.
In 2005 he correctly called the crash would start in 2007.
He correctly called two of the various reasons for the same.
Whislt bullish commentators were saying house prices would not crash. And continued incorrectly calling the soft landing.
In Autumn 2007 he said a house price crash was imminent.
Whilst bullish commentators said a crash would not happen (and of course predicted a soft landing).
Seems very clear to me who the worst commentators are.
if this was boxing then geneer would be up against the ropes covering up while his opponent laid body shot after body shot into him, until his hands drop and the knockout punch is dealt.
geneer will regain consciousness in his dressign room and go running to all media outlets crying like a girl and insisting he won the fight. what a baby.
:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:0 -
Interesting that my thread was moved and this one not. :rotfl: Obviously not up on the tactical voting on MSE. Note to self, must improve.
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