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Old 02-17-2018, 05:33 AM
 
Location: Boston
5,097 posts, read 1,453,831 times
Reputation: 3734

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it's basically become whatever drivel he spews, do the opposite. Clueless
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Old 02-17-2018, 05:42 AM
Status: "delete" (set 20 days ago)
 
3,189 posts, read 1,273,221 times
Reputation: 2351
Quote:
Originally Posted by skeddy View Post
it's basically become whatever drivel he spews, do the opposite. Clueless
Like when I accurately predicted the top of the stock market?
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Old 02-17-2018, 05:54 AM
 
11,305 posts, read 5,834,479 times
Reputation: 20956
Quote:
Originally Posted by Jobster View Post
Yeah, I was lazy yesterday, but it doesn't matter what the articles say. The fraud will be perpetuated. It's almost time, so I have no problem because the banks will validate me with their behavior.

I didn't look hard enough to find examples of them selling, but they will. I mean, banks aren't stupid. The consumer is squeezed. That's exactly what I would do. Let the market crash, buy up houses for pennies, rent them out.

Easiest way to make money. Over 9 million households pay 50% of their income towards mortgage and rent. This is EASY money for banks.

So like I said, it doesn't matter what the articles say. I'll get validated by their actions. It's almost time.
I've never heard of a bank writing a mortgage where mortgage + taxes + insurance was 50% of someone's gross pay. They couldn't possibly bundle it up and sell it on the secondary market through Fannie Mae or Freddie Mac.

A bank doesn't hold a gun to your head and insist you buy a car you can't afford, or max out your credit cards, or take out a mortgage on a home at the top of the real estate market when you have shaky employment.

I can make up stuff, too. Over 9 million people are too stupid to post on message boards but do so anyways.
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Old 02-17-2018, 05:58 AM
 
11,305 posts, read 5,834,479 times
Reputation: 20956
Quote:
Originally Posted by Jobster View Post
Like when I accurately predicted the top of the stock market?
My investment portfolio is back to where it was a month ago. With the juiced economy, it's pretty unlikely that the top of the stock market for 2018 was in January. That doesn't mean there isn't another Great Recession or worse coming eventually but the global economy is growing in 2018.
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Old 02-17-2018, 06:08 AM
Status: "delete" (set 20 days ago)
 
3,189 posts, read 1,273,221 times
Reputation: 2351
Quote:
Originally Posted by GeoffD View Post
My investment portfolio is back to where it was a month ago. With the juiced economy, it's pretty unlikely that the top of the stock market for 2018 was in January. That doesn't mean there isn't another Great Recession or worse coming eventually but the global economy is growing in 2018.
You're probably right, but it was the top at the time.

Regarding households, it's actually 19 million paying 50% or more.

39 million households are paying more for housing than they can afford - Jun. 16, 2017
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Old 02-17-2018, 06:28 AM
 
64,540 posts, read 66,100,109 times
Reputation: 42983
Quote:
Originally Posted by Jobster View Post
Yeah, I was lazy yesterday, but it doesn't matter what the articles say. The fraud will be perpetuated. It's almost time, so I have no problem because the banks will validate me with their behavior.

I didn't look hard enough to find examples of them selling, but they will. I mean, banks aren't stupid. The consumer is squeezed. That's exactly what I would do. Let the market crash, buy up houses for pennies, rent them out.

Easiest way to make money. Over 9 million households pay 50% of their income towards mortgage and rent. This is EASY money for banks.

So like I said, it doesn't matter what the articles say. I'll get validated by their actions. It's almost time.
case in point. if it looks like bad news post it . as long as it is something negative what the heck , i don't even have to read it
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Old 02-17-2018, 06:42 AM
 
4,718 posts, read 2,251,841 times
Reputation: 8729
Quote:
Originally Posted by Jobster View Post
You're probably right, but it was the top at the time.
Yes you have predicted 74 of the previous 3 stock market tops, nice work.
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Old 02-17-2018, 07:45 AM
 
17,613 posts, read 12,197,156 times
Reputation: 12851
Quote:
Originally Posted by Jobster View Post
Like when I accurately predicted the top of the stock market?
Letís not get out of line with the reality of it all. Youíve made calls over and over and over again over the course of many years and finally catch one and now you are running around spouting off that you called it? Get real. If I say every morning I believe the market it going to be up today and I repeat it everyday Iím going to be right, a lot.
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Old 02-17-2018, 08:07 AM
Status: "delete" (set 20 days ago)
 
3,189 posts, read 1,273,221 times
Reputation: 2351
Quote:
Originally Posted by Lowexpectations View Post
Let’s not get out of line with the reality of it all. You’ve made calls over and over and over again over the course of many years and finally catch one and now you are running around spouting off that you called it? Get real. If I say every morning I believe the market it going to be up today and I repeat it everyday I’m going to be right, a lot.
You know, you're not a bad dude at all. In the future, I will consider your comments.

I was actually surprised it took this long for someone to say anything given the fact that you were right, I didn't read any of the articles.

You never fail to disappoint and I feel like that's a positive service your provide for this forum. This post was more for entertainment purposes than anything, although it's true that I feel like I will be validated by the banker's behavior.

Check out how many times Citadel has been cited for "wash trading." That's how they make money. Look at the fines they pay. BFD, right? I just don't trust bankers. In fact, I don't think wash trading is even against the law anymore. I believe they call it "self-trading" now. They did a lot of that before the crash of 1929.

If you noticed, I just received my first gold star, so I am excelling in my ability to keep people entertained.
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Old 02-17-2018, 08:21 AM
 
64,540 posts, read 66,100,109 times
Reputation: 42983
Entertained as in reading fiction.
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