Coincidence?

6 Responses to “Coincidence?”

  1. aksteve says:

    Nice one Chuck. Looks like we are back to “normal”. I totally agree with that one. All that has happened to the economy is that the government “stimulus” (really is a sedative) has blown a little bit of air back into the bubble. It is all down hill from here.

  2. Bob says:

    What sticks out most to me…….I always hear from the bulls…”Oh, you are gonna miss the bottom and get priced out” or “you can’t predict the bottom until it’s already passed”.

    Well I’ll just note that your chart shows that even if you do miss the bottom, there is quite a bit before a return to the mean, where you are still better off than nearly everyone who bought on the way up or on the way down.

    Neat IMO

  3. Jamie Mades says:

    Now this is a neat little chart. I’ll have to use this to educate some of my own clients. :)

  4. Jawarbla says:

    “Well I’ll just note that your chart shows that even if you do miss the bottom, there is quite a bit before a return to the mean, where you are still better off than nearly everyone who bought on the way up or on the way down.”

    Unless there is an overshoot and we “revert to the mean” by heading upward. If that happens, the people who bought at the bottom will see deals that the rest of us will never ever see.

    I for one dont think an undershoot is likely however.

  5. Alex Chediak says:

    At this point, when do you think the bottom of housing prices will come to the Inland Empire region?

    Thanks.

  6. Marinte says:

    Nice graphs of investor psychology.