tag:blogger.com,1999:blog-529575095156315075.post371538904132827240..comments2024-02-09T12:12:37.636-08:00Comments on best minimum wage job a middle aged guy ever had: Duncan McGearyhttp://www.blogger.com/profile/02857388833850939721noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-529575095156315075.post-54846960988608641922008-03-26T11:16:00.000-07:002008-03-26T11:16:00.000-07:00A market that depends on the naive and the gullibl...A market that depends on the naive and the gullible is doomed.<BR/><BR/>*<BR/><BR/>Dunc you just defined the 'Bend Market' for all time.<BR/><BR/>It's correctly called the 'greater fool theory'.<BR/><BR/>In Bend a fool and his money truly been separated. The fleecing of the fool is over in Bend, and that will be its demise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-27597336930723365582008-03-26T07:29:00.000-07:002008-03-26T07:29:00.000-07:00Duncan, I thought you might get a kick out of some...Duncan, I thought you might get a kick out of something. My sister found this, so all credit goes to her. It's called <I>Garfield Minus Garfield</I>. Here's the explanation (directly from the site):<BR/><BR/><I>"Who would have guessed that when you remove Garfield from the Garfield comic strips, the result is an even better comic about schizophrenia, bipolar disorder, and the empty desperation of modern life? Friends, meet Jon Arbuckle. Let’s laugh and learn with him on a journey deep into the tortured mind of an isolated young everyman as he fights a losing battle against loneliness in a quiet American suburb."</I><BR/><BR/>There are new strips every day, ranging from weird to quietly insightful. Here's the link:<BR/><BR/><A HREF="http://garfieldminusgarfield.tumblr.com/page/1" REL="nofollow">Garfield Minus Garfield</A><BR/><BR/>Everybody enjoy it!Jasonhttps://www.blogger.com/profile/06348047846565243575noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-2309049968110992272008-03-25T17:00:00.000-07:002008-03-25T17:00:00.000-07:00"There's no place like Bend. There's no place like..."There's no place like Bend. There's no place like Bend. There's no place like Bend."Anonymoushttps://www.blogger.com/profile/05793243991628796940noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-2370142318379721272008-03-25T10:34:00.000-07:002008-03-25T10:34:00.000-07:00This is going to sound really harsh, but at the en...This is going to sound really harsh, but at the end of every fad, you're dealing with the dumbest, least clued-in people. The smart people have gotten out halfway through the arc, the conscious people start to get out on the downslide.<BR/><BR/>But there is always that last little surge of latecomers.<BR/><BR/>A market that depends on the naive and the gullible is doomed.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-25033753024458620842008-03-25T10:27:00.000-07:002008-03-25T10:27:00.000-07:00"....you need to do some seasonal correction to ad..."....you need to do some seasonal correction to adjust for normal seasonal variation."<BR/><BR/>I agree, but I don't see them doing that. So the average joe just see's the 2.6% increase, out of context.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-53652419244741230602008-03-25T10:22:00.000-07:002008-03-25T10:22:00.000-07:00Duncan,You really need to do both, month to month,...Duncan,<BR/><BR/>You really need to do both, month to month, as well as year to year. However, to really look at month to month you need to do some seasonal correction to adjust for normal seasonal variation. For example if March is normally 5% more then Feb, then a 2.6% monthly increase without correction might really represent a 2.4% loss when corrected. The month to month gives you an idea if you may be starting to see a change in trend. Another way to look at it is to plot the plot the year over year differences and see if they are on an increasing or decreasing trend.RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-31407309303879695092008-03-25T09:19:00.000-07:002008-03-25T09:19:00.000-07:00"moderate"I guess it's all relative. But you're p..."moderate"<BR/><BR/>I guess it's all relative. But you're probably more right than I am.<BR/><BR/>What kills me about the coverage is this constant comparing successive months instead of the same month a year before.<BR/><BR/>You could have the coldest summer in history, and it will still be warmer than the warmest winter in history.<BR/><BR/>SO to blazon the headlines with, "Gee, it's getting hotter." is just plain irresponsible and stupid.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-34921065685540958302008-03-25T08:48:00.000-07:002008-03-25T08:48:00.000-07:00When I play poker I know the rules allow / encoura...When I play poker I know the rules allow / encourage not telling the truth. I guess that the same rules apply to anyone with a vested interest in the failing real estate industry.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-63489270594696220082008-03-25T08:42:00.000-07:002008-03-25T08:42:00.000-07:00Uh, moderate where?If you are talking nation wide,...Uh, moderate where?<BR/><BR/>If you are talking nation wide, then yes there are areas that have taken their correction and are starting to see volumes pick up. These are markets that were have taken hits of 30-50% already.<BR/><BR/>If you are talking about Bend you are still in the start of the correction in housing prices. Portland for example just started its rollover. <BR/><BR/>You will not see the real pricing declines until, you see consistent buying a certain price points, and enough houses dropped in price to reach those points, increasing volume, that will reestablish the normal pricing methods for housing and then you will see rapid price adjustments. (why drop your price if you don't know that it will sell at the lower price, might as well keep it high some turkey might just come along. If on the other hand you have some comfort in knowing that it will sell in a specific price range and you do need to sell you will take the hit.)RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-34901660789917074732008-03-25T08:28:00.000-07:002008-03-25T08:28:00.000-07:00I love this comment by the President of Umpqua Ban...I love this comment by the President of Umpqua Bank; <BR/><BR/>"This is different and I think, because of that, nobody predicted the steepness of the decline of housing market and its depth. How fast and how deep it's been has been amazing, and the financial geniuses had no idea."<BR/><BR/>No just us dumbshit normal people with functioning brains.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.com