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The Block
Topic Started: 12 Oct 2014, 08:40 PM (3,227 Views)
GloomBoomDoom
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peter fraser
13 Oct 2014, 10:19 AM
I'm not suggesting that the market did a U-Turn last night but it does seem to indicate a market nearing or at peak.
BEAR MARKET!! :D

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MSE
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Dr Watson
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GloomBoomDoom
13 Oct 2014, 11:10 AM
BEAR MARKET!! :D
It doesn't take much for a fresh bear market call to be issued on this forum, does it!
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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stinkbug
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Dr Watson
13 Oct 2014, 11:28 AM
It doesn't take much for a fresh bear market call to be issued on this forum, does it!
...especially when the bear market starts tomorrow, or next week, or next month, or next year, or...
Edited by stinkbug, 13 Oct 2014, 11:42 AM.
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While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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SittingOnDeFence
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I genuinely used to be a fan of this show when it was on first. They used to sit down and do up all their costs, and they had to leave during the day from 09:00 - 5:00 to simulate a real-world DIY person renovating and working.


Now it's just shite - but I watched it last night - were it not for the 20year old billionaire engineering student and hi 19 yr old girlfriend, none of them would have sold. Is this a good allegory for the Melbourne market?

I can't wait to read the headline "Block Contestants sue Channel 9 for not having more Chinese in auction"
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Timo
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noopsy05
12 Oct 2014, 08:40 PM
sold all over the reserve again.................even if some didnt go much over, they still alll did. property market just as strong as ever.........
Dream on idiot, your living in a fools paradise.

I laughed when the last three went FLOP!

All will have cost hundreds of thousands more to buy and complete then what they sold for! Such poor investments.

Hahaha
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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Blondie girl
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It was obvious the most bidders were not prepared to pay more & part with their $$ & I think it threw a lot of people off...not just the contestants.. (check those emotions by the TV presenters).

If looks could kill, it was the priceless expression on Darren's face, he had to leave the room very very quickly....

Lot of tears & pain.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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peter fraser
13 Oct 2014, 11:00 AM
Ah so my wifes credibility as a amateur journalist isn't completely shredded.

Good, I'll get fed again tonight.
Peter, don't tell me your wife still cooks for you on a regular basis?

I hope you'll let me know your secret to making that happen one day :) :bye:
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GloomBoomDoom
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Blondie girl
13 Oct 2014, 04:18 PM
It was obvious the most bidders were not prepared to pay more & part with their $$ & I think it threw a lot of people off...not just the contestants.. (check those emotions by the TV presenters).

If looks could kill, it was the priceless expression on Darren's face, he had to leave the room very very quickly....

Lot of tears & pain.
I don't think buyers would have appreciated watching the last season or two go for prices which left contestants with far too much money. How would you like it knowing you just gave a couple of knobs $400-600k?

I normally watch The Block but for some reason didn't this time. If I had've known it would flop I would have definitely tuned in!
Oh well I have it all recorded on my media centre so might have to speed watch it.
MSE
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peter fraser
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Timo
13 Oct 2014, 01:43 PM
Dream on idiot, your living in a fools paradise.

I laughed when the last three went FLOP!

All will have cost hundreds of thousands more to buy and complete then what they sold for! Such poor investments.

Hahaha
I would like to think that you have the video of those last few auctions on continuous loop Timo - anything less and I would be disappointed in you.
Any expressed market opinion is my own and is not to be taken as financial advice
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Timo
13 Oct 2014, 01:43 PM
Dream on idiot, your living in a fools paradise.

I laughed when the last three went FLOP!

All will have cost hundreds of thousands more to buy and complete then what they sold for! Such poor investments.

Hahaha
You aren't entirely wrong, Timo.

The problem is, 'how much more will they pump it up, and when it does fall over, will prices fall to a lower point than they are today?'

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