99% of posters on this board are property bears

homelessskilledworker

chucknorris wrote: »

I don't have an agenda (people who believe they can actually influence the market by posting on here should be institutionalised), I just call it the way I see it.

Back in 2008/2009 the best source of information for 'guessing' (because that's all we were doing) where the market was going was the spread markets, I'm not saying they are always right, of course they aren't but they have a vested interest in trying to be accurate because their punters can either buy or sell the price (unlike fixed odds).

I don't have access to the spread markets any more if any out there does I would apprciate a link.

Well Chuck, I can only apologize again and hold my head in shame:embarasse, from now on I will have to take your posts a little more seriously.
Sadly I put you in the same basket as some of the other nutters on here, and I was wrong.

esuhl

homelessskilledworker wrote: »

99% of posters on this board are property bears
Or why would they be on this board?

So how do you explain the other 1%? Doesn't the purported existence 1% undermine and contradict your assumption that there is no other reason to visit this board?

homelessskilledworker wrote: »

We are all watching the news right now and witnessing what is unfolding, we ALL know what is about to happen.

I can assure you that you're mistaken! I'm not watching the news right now, and have neither read a newspaper or watched TV news for a few years. News agencies are fundamentally untrustworthy as there are so few of them - they clearly understand the impact of the newswires that are released and have a significant degree of control over what the world's news organisations disseminate (and what they don't).

I'm sure it's tempting to say that you know what is about to happen (although I've no idea specifically what you're referring to), but the truth is that no one can say for sure. The world economy is too complex and chaotic to analyse clearly, otherwise you'd be able to make an absolute killing in "risky" investments without any chance of losing money. If that were the case, everyone would be at it!

I often think that the more news you watch, the more you think that you have a clearer idea of what's happening in the world, when in reality, you are presented with such a biased and selective viewpoint (or are simply told lies) that your sense of reality becomes more distorted than if you were blissfully unaware of what you're "officially supposed to think".

RenovationMan

I'm here to discuss the economy and to pass the time while I do my MFW challenge. I don't really have much interest in house prices, though that won't prevent me from chipping into a conversation if someone is making absurd statements.