OHP-6months-091908.jpg
Comment: 0-for-4 on the first batch of post-Lehman Open House Picks!
Open House Picks 9/19/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]


What's Your Take? Leave a Comment

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  1. Muffie;

    You just can’t resist Brownstoner, can you!?!?!! C’mon: admit it!

    😉

    You should have come last night. We all identify ourselves by our handle (unless someone chooses otherwise).

    I agree with you that the economy is in flux, and it’s hard to say where we are going. I think that one factor the Bears should consider is that mentioned by superlawyer: the Fed’s decision to basically start printing money. History is replete with examples of governments infalting their way out a hole.

    I have nowhere near the expertise to say whether or not we are headed for deflation or inflation. I think your point is well-taken,however: don;t rest easily on your assumptions. Keep an eye out – this is new territory we’re in now.

  2. Dave,
    I made the basically the same point as lechecal (except for the part about the fight with you).

    A small sample of unsold houses is more meaningful (because it’s somewhat random) but a small sample of sold houses is not? (because they’re the outliers, not a psuedo-random sample)

    I thought you were some kinda hedge fund rocket scientist. Why is the logic mindboggling?

  3. “Certainly no hard feelings about you calling me an asshole (and likewise no apologies about anything I said).”

    What was said? Hard to imagine feelings getting bruised at such a jovial gathering…

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