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Comment: Hardly a seller’s market but at least deals are getting done.
Open House Picks 8/21/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]


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  1. “If you actually had money on that bet AND timed it all perfectly, you’d have been able to purchase the Connolley Mansion.”

    True, DIBS, all cash. But I don’t play with matches. Timing derivatives is very dangerous and can easily go against you in the intirim when the margin calls cometh (especially in these highly manipulated capital markets).

    Back to the point: I looked like a fool then but I was right. I look like a fool now but will I be wrong? I don’t think so. The fundamentals don’t lie.

    ***Bid half off peak comps***

  2. Feral,

    I saw the President Street Place.
    I was not impressed.

    I would guess it didn’t need a complete gut reno (I would guess the mechanicals were fine), but the interior had been completely stripped of its character a long time ago and needed substantial renovation just to restore its characterless state.

    Plus, the ceilings were not high… and the backyard was small (obviously, much of the land is taken by the large front yard).

    Oh yeah, and the exterior was somewhat flaking.
    It was very disappointing.

    The location, however, is great, and the block is beautiful.

  3. DOW8000SP800 only worked for the most adroit traders. The SP500 was at 900 in the beginning of january, dipped and was right back there by the end of April.

    If you actually had money on that bet AND timed it all perfectly, you’d have been able to purchase the Connolley Mansion.

    But you’re still here, posting, without a home!!!! It must be really aggravating to have been right but not to have had the balls to put your money where your mouth is!!!!!

    I, on the other hand, remained long in my retiremnt IRA, restructured some of my holdings and am now above my 2008 high water mark!!!! Not to gloat, only to point out that aggressive trading strategies rarely work and intelligent long term investing does.

  4. I also looked foolish when I created my login DOW8000SP800 almost 2 year before it happened, DIBS.

    Posted by: Brownstones Half Off at February 19, 2010 1:35 PM

    You had a great call, BHO! Back them, with the SPX at 1500 and Dow at 14,000, none of the perma bulls thought that possible for the market to see these levels.

  5. What a lunatic you are. I can’t wait for the dumb and angry fools to unite under the latest whinging banner, taking as their hero the selfish asshole who decided that not paying his taxes was a great reason to kill others and make his family homeless.

  6. I also looked foolish when I created my login DOW8000SP800 almost 2 year before it happened, DIBS. BHO is only about a year old! Overall, we’re getting closer and closer to my half off prediction and further and further away from your end of 2008 bottom prediction. And since when did change from ask become relevant to YOU? How convenient!

    ***Bid half off peak comps***

  7. Please don’t bring Joe Stack into the conversation. He is a murderer. Let’s not overlook that among his deeply egocentric, deluded and selfish acts, he also burned down the home of the family he supposedly loved.

  8. Comment: Hardly a seller’s market but at least deals are getting done.
    [Brownstoner]

    Deals are getting done by the likes of wall street banksters flush with obscene bonus money. The harm that is wrought on the rest of the country is not just financial, but the anger with the Wall Street – Washington partnership.

    http://hosted.ap.org/dynamic/stories/U/US_PLANE_CRASH_TEXAS?SITE=ORBAK&SECTION=HOME&TEMPLATE=DEFAULT

    Joe Stack yesterday flew a plane into a building in texas.

    “In his self-described “rant,” Stack railed against…. the “unthinkable atrocities” committed by big business and the governments bailouts that followed.”

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