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October 28, 2008

DOW UP 800 POINTS. THE WHAT LEAVES TOWN.

DOW UP 800 POINTS. THE WHAT LEAVES TOWN.

The DOW is up almost 900 points as I post this at 4:00, and The Whatless hasn't been seen since before noon. Does the truth hurt little boy?

Comments

And HOBOKENROCKS sees his $800k brownstone in Brooklyn Heights as the pipedream it always was!!!

He should checkout the HOTD in Bed Stuy for $800k... Brooklyns da boro has added a wise analysis to the thread!

Posted by: daveinbedstuy at October 28, 2008 4:17 PM

Ahh, my favorite HOBOKENROCKS. Don't you love that he started out wanting a $400K Brownstone in Brooklyn Heights on 9/15 and over the course of the last 6 weeks he doubled what he could spend?

Posted by: TownhouseLady at October 28, 2008 4:25 PM

Well THL he's indicated that he's made a ton of money in the stock market over the past few weeks.

Posted by: daveinbedstuy at October 28, 2008 4:28 PM

me too...and I just bought a bridge...

Posted by: TownhouseLady at October 28, 2008 4:31 PM

...maybe on a clear day he'll be able to see it from the roof of his Brooklyn Heights Brownstone.

Posted by: TownhouseLady at October 28, 2008 4:34 PM

One day swings (up or down) in the market are meaningless people. The market closed today at 8,900 after that 900 point gain. One year ago closed at approx 13,000. That's more than 4000 from the 52 week high. I wouldn't start popping the champagne just yet.

Posted by: Grendel at October 28, 2008 4:58 PM

LOL, I am hoping for more on the upside. And if I truly wanted a brooklyn townhouse I could pony up the money for one but I wouldn't have any money for the furniture. So I am waiting for that 800k townhouse in Brooklyn Heights and with the remainder I will be buying a great home down the shore somewhere. As for the market I have called this baby. As of now I have no position but if the market were to reach 9600 I would be shorting again.

Posted by: HOBOKENROCKS at October 28, 2008 4:59 PM

Don't worry the second the market drops TheWhat will be back crying the sky is falling, cheerleading disaster, and calling any who question him/her/it asshats. That and all his sock puppet friends will pop up to post an unusual amount of comments for a Brownstoner forum thread.

Posted by: FenFen at October 28, 2008 5:00 PM

Hey I can see the Washington Bridge from my bedroom window and I can take a pic to prove it. As for Brooklyn I only like the Heights so I will wait for prices to come down. As for now I am great in my gorgeous Hoboken apartment.

Posted by: HOBOKENROCKS at October 28, 2008 5:03 PM

HOBOKENROCKS, if you love your gorgeous Hoboken apartment, why do you want to leave it? Sincere question.

Posted by: Biff Champion at October 28, 2008 5:07 PM

I would want to leave it if I could get me a great Brooklyn Heights townhouse. And only if I could get me a great Brooklyn townhouse. I have never strayed and written anything different. Tell me wouldn't most people leave their current location if they could get a great townhouse in the Brooklyn Heights area. I love my current location but I think I would love Brooklyn Heights more.

Posted by: HOBOKENROCKS at October 28, 2008 5:16 PM

Now a question for all of you. Have I or haven't I been correct on the market? My technicals have been right on and DAVEINBEDSTUY can attest to most of this since he is in the business. He may not trade using the same technique but read my past post and look at what I predicted and see that I have been spot on. Whether you believe me or not that I have made money on this downturn is irrelevent.. SINCERE QUESTION.

Posted by: HOBOKENROCKS at October 28, 2008 5:24 PM

Brooklyn Heights is over-rated. Plus, I hear all the people that live there are asshats!!

Posted by: bayridgegirl at October 28, 2008 5:26 PM

BRG..I think one of the biggest Asshats lives there according to the What. The other one lives here in Bed Stuy!!!

Posted by: daveinbedstuy at October 28, 2008 5:34 PM

HOBOKENROCKS, fair enough. I do appreciate the sincere response and props for Brooklyn Heights, despite some catcalls from the Bay Ridge Peanut Gallery!

Posted by: Biff Champion at October 28, 2008 5:40 PM

Where are the naysayers. How dare you guys say I won't be able to get my Brooklyn Heights townhouse for 800k. As for the 400 k remark weeks ago it was a joke. Even I don' t believe under any circumstances I will ever be able to get a Brr Heights townhouse for 400k... I didn't see anyone answer my question..

Posted by: HOBOKENROCKS at October 28, 2008 5:44 PM

Biff....Just being inflammatory and provocative :)

Posted by: bayridgegirl at October 28, 2008 5:47 PM

Bordering on neighborhood superiority syndrome.

Posted by: daveinbedstuy at October 28, 2008 5:48 PM

DIBS, it's Neighborhood Hypersensitivity Syndrome or NHS.

BRG, well played, my friend.

Posted by: Biff Champion at October 28, 2008 5:52 PM

didnt this already happen last week?

and then it fell even lower.

Posted by: Santa at October 28, 2008 9:01 PM

Like a tennis ball bouncing down the stairs.

Posted by: SnarkSlope at October 28, 2008 9:34 PM

Hiya Assfucks! I have been out all day, working! Yeah I know you find that hard to believe.

I love this fucking moonshot today. The Asshats think that the FED will cut 75 basis points on Thursday. The market will go higher and the mother of all crashes is coming!

Take a look at China who market is off by 45%! They have US debt and will start dumping it on the market. When that happens fuck the Stock Market, The Bond Market is going to fucking implode!!!

I always say "Keep fucking around", Asshats

The What

Someday this war is gonna end...


Posted by: what at October 29, 2008 12:15 AM

HR, you've always been right, for sure. As has the What. But this time I think the What will be wrong. Don't fight the Fed.

I spent ten years in the Heights, which used to be the only nabe people would live in when moving from Manhattan. Now PS seems to be that neighborhood. I think in some ways BH is undervalued. Still, the only way I would go back is for a view of the harbor. Since that ain't gonna happen anytime soon, I'll just have to keep enjoying my view of the Prospect Expressway!

Posted by: denton at October 29, 2008 3:21 AM

"But this time I think the What will be wrong. Don't fight the Fed."

The FED is out of bullets. Take a nice look at this statement "Take a look at China who market is off by 45%! They have US debt and will start dumping it on the market. When that happens fuck the Stock Market, The Bond Market is going to fucking implode!!!"

This is your end game scenario. The Fed will cut 50 basis points, the short bus riders will rejoice and this will set up the mother of all crashes. Watch and see...

The What (END GAME)

Someday this war is gonna end...

Posted by: what at October 29, 2008 9:16 AM

What, you may be correct on a number of things but you're clueless when it comes to understanding foreign central banks and their holdings in US securities. Drop it. it only adds to your incoherence.

Posted by: daveinbedstuy at October 29, 2008 10:42 AM

Hi Denton,

At least you've got a view. Maybe we can get one of those waterfalls for the Prospect next summer to spice up your view. Make for some good rapids kayaking down to Hamilton, too. ;-)

Posted by: slopefarm at October 29, 2008 11:08 AM

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