OT: Interesting pattern I'm seeing on Piggington...

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Submitted by Coronita on July 31, 2007 - 6:47am

Maybe this is just me but... I'm seeing an interesting behavior on piggington lately.

When the equity markets are down, a lot of the equity bears on Piggington come out of hiding and start talking about how much money they're making, how right they are...Meanwhile the equity bulls are suddenly dead silent and go into hiding.

Conversely, when the equity markets are up, a lot of the equity bulls come out of hiding and start talking about how much money they're making, how right they are...Meanwhile the equity bears are suddenly dead silent and go into hiding.

I just think it's kinda funny. It reminds me of the Yahoo Finance Message Boards.

Anyway, where are the Bulls cheerleaders today :) ?

Submitted by GoUSC on July 31, 2007 - 9:14am.

I am happy when the market goes up because, in general, my 401k does well.

To be honest, ideally I would like to see the US continue to expand because we are switching from a consumption national to a production nation (go GM!)...not that that will happen. I think a lot of people on this board are, like me, pissed off they have been priced out of the housing market (In my case I could still afford a house but I refuse to pay a mortgage so out of whack with rents) and they want to see a correction to quicken the pace of housing price changes.

Submitted by HereWeGo on July 31, 2007 - 9:56am.

Well, Chris and I were here when we got our tails handed to us last week.

The interesting news today was the incredible strength from the Europeans. They have followed the US like a puppy for some time, but today, when the Dow dropped 100 pts over a brief period, the Europeans actually rallied. The FTSE went from +2.0% to +2.5% in the face of the Dow downturn. It's nice to see the Europeans (and especially the British) show some independence, that's a really good sign from my perspective.

Submitted by surveyor on July 31, 2007 - 10:17am.

=fwack=

I got wacked pretty well by the market last week. Lost about $20k, but I got half of it back now. I just kept buying. Couldn't buy much though - I don't have a lot of cash lying around...

Submitted by FormerSanDiegan on July 31, 2007 - 10:22am.

Being a housing bear and a market bull has paid off well the last couple years. Many folks have trouble being pessimistic in one realm and optimistic on the other. I think it boils down to personality traits. Those who are neither eternally pessimistic or eternally optimistic typically come out ahead.

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