JVan's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/275968/comments http://seekingalpha.com/article/148238-google-the-next-ponzi-scheme-to-fail?source=feed#comment-584421 584421 Sun, 12 Jul 2009 11:50:44 -0400 http://seekingalpha.com/article/140063-four-points-on-the-great-short-trade?source=feed#comment-522020 522020
There are bears who write about everything that is the matter with the economy--and we learn a lot from them. But I never met an actual person who made money in the market without some optimism in reserve. There are enough green shoots sprouting these days to put me in that camp.]]> Thu, 28 May 2009 17:45:21 -0400
There are bears who write about everything that is the matter with the economy--and we learn a lot from them. But I never met an actual person who made money in the market without some optimism in reserve. There are enough green shoots sprouting these days to put me in that camp.]]> http://seekingalpha.com/article/123802-cramer-s-mad-money-obama-take-a-break-2-3-09?source=feed#comment-411065 411065
Now all of a sudden, you're not raving about how to make money, given Obama's program. Now you're bringing your economic moral compass to bear. Too little, too late. You can be entertaining, but in my humble opinion it's time for you to take a break.]]> Tue, 03 Mar 2009 10:41:40 -0500
Now all of a sudden, you're not raving about how to make money, given Obama's program. Now you're bringing your economic moral compass to bear. Too little, too late. You can be entertaining, but in my humble opinion it's time for you to take a break.]]> http://seekingalpha.com/article/98868-real-estate-bottom-or-prelude-to-a-drop?source=feed#comment-276902 276902
Andrew says, "will they ever see the 20% or 40% drops making headlines? I doubt it." Had I listened to my financial guru (who began saying in January the financials had bottomed) instead of my father (another depression era worrier) I'd be broke.

If the fathers are right, upside-down mortgages will not ultimately slow down price erosion in real estate. With the government insuring that the banks cannot be hurt, they will foreclose on overdue debt. Too bad for those who are upside-down, but reality will win out. Prices can go lower! Congress can only go so far legislating that lenders give "holidays" or "relief" or God knows what to strapped mortgagees. In the end, a slow down with global implications will wallop the upside-down mortgages too.

I'm with Andrew's father. Hold your water!
]]> Wed, 08 Oct 2008 11:46:16 -0400
Andrew says, "will they ever see the 20% or 40% drops making headlines? I doubt it." Had I listened to my financial guru (who began saying in January the financials had bottomed) instead of my father (another depression era worrier) I'd be broke.

If the fathers are right, upside-down mortgages will not ultimately slow down price erosion in real estate. With the government insuring that the banks cannot be hurt, they will foreclose on overdue debt. Too bad for those who are upside-down, but reality will win out. Prices can go lower! Congress can only go so far legislating that lenders give "holidays" or "relief" or God knows what to strapped mortgagees. In the end, a slow down with global implications will wallop the upside-down mortgages too.

I'm with Andrew's father. Hold your water!
]]>