Wednesday, November 30, 2005

Bubble Bloggers Revert to Mean

In the last ten days consumer confidence jumped, new home sales hit new all time high levels, the stock market flirted with 11K and the bubble bloggers went ballistic with rage. How could this be happening, they ask? The most common bubble head explanatiion: the American people are stupid. The most common bubble head reaction: anger. One need only sift through the detritus left on this website by the bubble heads to observe the rage up close. But, in the spirit of the Holiday season, we offer the bubble heads these tips suggested by the American Psychology Association:

Breathe deeply, from your diaphragm; breathing from your chest won't relax you. Picture your breath coming up from your "gut."

Slowly repeat a calm word or phrase such as "relax," "take it easy." Repeat it to yourself while breathing deeply.

Use imagery; visualize a relaxing experience, from either your memory or your imagination.
Nonstrenuous, slow yoga-like exercises can relax your muscles and make you feel much calmer.

If you wish to conduct further field studies of the bubble heads in their natural environment, you can visit the Jonestown of bubble heads: thehousingbubble2.com. Make sure you use plenty of DEET and, if offered, don't drink the Kool Aid.

10 Comments:

At 7:33 AM, Blogger jack mehoff said...

Robert Coté said...
Jack mehoff, jack yourself off. There's no anger, no blanket condemnation of the general public. The froth at the turn is always going to show itself with wildly contradictory signals. The sheer unbelievability of some of the data only reinforces the predictions of a sea change.

Jack said: This is just one example gathered at the Jonestown blog. "No anger" says Cote immediately after his sophomoric ridicule of my name (which by the way I have heard since I was three years old, mostly from guys like Cote)

 
At 9:14 AM, Blogger David said...

You are the one drinking the Kool Aid. The kool aid is bubblicious.

Its the Inventory Stupid

 
At 12:19 PM, Blogger Las Vegas Landlord said...

Okay, since we're venting, the thing that annoys me about bears is when they put words in my mouth, like "real estate never goes down". I don't remember saying that. I don't remember ever hearing anybody else say that. I think what I said is "real estate isn't going down right now", and I said it a while ago, when it was true.

Sooner or later, the real estate market will take a dip. It always does. The bears will declare victory. But will they buy on the dip? Unlikely.

Spotting opportunities is not something bears are good at. What they are good at is seeing the glass half empty. They are very vocal in denigrating the risks other people take, but they never take risks themselves. And in so doing, they are taking the biggest risk of all. The risk of lifelong failure. They venture nothing, they gain nothing, and they blame their problems on other people. Flippers, realtors, lenders, federal regulators and out-of-state investors, are all responsible for their failure to buy real estate. So are yuppies, immigrants, and greedy people. In short, practically everybody.

It's a tempting trap to join the bear camp. There's the camaraderie and back slapping every time a new report comes out. You can always put a negative spin on any report, and congratulate each other on doing so.

But you still don't own a house.

 
At 1:45 PM, Blogger Rob Dawg said...

You really have no sense of perspective do you? You post as "Jack mehoff" and not "Jack Mehoff" and expect some kind of grace? Look at my name, a real name, Cote. Can you say Kotex for the entirety of grade school and now that you've chimed in beyond? You didn't hear "jack me off at age three." That's just your defensive thin skinned persona talking. speaking of that, gat any other picture? I mean any other at all? Just to prove you didn't snap your wanna be boyfriend in a bar someplace? I apologize. That's uncalled for. I taunts and provokes. I distracts from the subject matter. It uses unfiar and underhanded debating techniques to... Oh wait. Does this sound familiar?

No anger or angst. The peak is sure to include such contradictory data.

You don't know guys like Cote. You might even be surpirsed but I predict you aren't even open to the opportunity.

 
At 2:27 PM, Blogger Las Vegas Landlord said...

Oh for heavens sakes. I give up. You two don't want to discuss real estate at all. You just want to date each other.

How silly. I'm outta here.

 
At 3:13 PM, Blogger jack mehoff said...

Being a sensitive guy I held off calling you Cotex but now you bring it up. Seems strange. You are right about one thing. Since I grew up nobody has made masturbation jokes to my face, just on the internet. I'll give you credit for using your real name, though. Having said all that, I'll say I probably have met "guys like Cote." Guys that don't practice what they love to preach. All the handwringers you associate with at Jonestown talk about is a crashing real estate market and how happy the whole thing has made them. I have yet to read a single instance of anyone doing anything about it. I, on the other hand, practice what I preach. Escrow on my house closed September 30, 2005. What did I do with all that bubble money? Did I put it back into the bubble market? Nope. I moved to Baja where I rent, fifty yards from the beach. Never been happier to be away from the bs in southern California. When the real estate market corrects itself I may move back, maybe buy my old house for pennies on the dollar. But I hope that doesn't happen for awhile because life couldn't be better than it is right here. Sorry to ruin your day with some happiness and joy.

 
At 3:40 PM, Blogger Rob Dawg said...

Understand you are so desperate for attention you steal from other blogs.

Understand you are so rude and intransigeant (look it up and then lamely claim you knew it all along]) that you are only claiming to be respoding to ill manners.

No one, well, almost no one cares what an expat exposed to the political vagaries of Mexico and doubly exposed to the California housing bubble thinks.

Don't mistake your recent attenion for anything more than the attenion granted street bums that might be dangerous. Worse, you aren't even dangerous, you are ineffective. Wallow in your ignominy.

 
At 3:59 PM, Blogger jack mehoff said...

This comment has been removed by a blog administrator.

 
At 7:14 AM, Blogger jack mehoff said...

Robert Coe: Got a laugh when I visited your blog and found this enightening posting of yours. I guess you must believe I am very effective:

posted by Robert Coté @ 10:35 AM 0 comments

How to Tell You are Effective

When people who disagree with you are reduced to replies like:

M Setty: "Cote is one lazy mu--r-fu-k-r."

W Lynch: hate filled thought controlling pathological Nazi role model

J Coviello: thick skulled, hypocrite with a closed mind; a joke, snide and devoid of content, unimportant, indescent, disrespectful, humorless, and full of shit

posted by Robert Coté @ 6:20 AM 0 comments

 
At 8:59 AM, Blogger Rob Dawg said...

No, you are not effective -yet- but you show promise. Humor works but there's a necessity to be sure of the FActs and your target. LV Landlord makes some good points about the incestous mutual admiration society of some bubblers. Just don't stereotype.

 

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