Posts by InternationalObserver

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  • Hard News: Piled in bins like summer fruit,

    Bernard Hickey says that's 2018 ...

    Oh well f#ck that then, I'm cashing out now...

    Heh heh - I'm reminded of the popular wisdom from financial pundits re the sharemarket. Yes, they say, we may be in negative territory now but investors should hold on for the long term. History shows that shares always rebound and do well in the long term.

    What they're really saying is that if you're 6'2" and wake up one morning to find you're only 5'4" hang in there because you'll grow tall again eventually.

    And what they're not saying is Don't sell your shares now because that will create panic selling and I want to unload my portfolio quietly first.

    Dead cat bounce

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Another nail in the coffin of…,

    what's on Hitler's iPod?

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: You can't always get what you…,

    Rubbish, you ain't no Fool, fool. Fight u for it!

    Heh heh. Since you're referencing Mr T I should point out (apropos of nothing, but tangentially related to those other threads on the China FTA ie have we sold out?) that

    In 2005, Mr. T stated that he never would wear his chains again, "No, T, you can never wear your gold again. It's an insult to God." He arrived at this decision after seeing the effects of Hurricane Katrina (However, he has been seen wearing some chains for several commercial appearances, such as the 2007 Snickers advertisement, and the 2007 World of Warcraft ad).

    Actually I can recommend reading the whole Wiki post on Mr T, it's quite interesting. Who knew that Ice T wrote his raps in 1984?

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Piled in bins like summer fruit,

    And yet, they're still ridiculously over-priced.

    Heh heh. Yes, and yet they still won't drop their price because they paid so much for them. Back when paying so much still made sense. Just wait. Owning a holiday home so far away won't make such sense in the middle of winter, especially if mortgage rates jump again. So they'll drop their price then. But of course by then you'll be wondering "well if they've dropped this much already, maybe if I wait till Christmas they'll be really __low".

    Who needs casino's when you've got the property market? I'm holding a dud hand myself but I still refuse to fold. Even tho' my mortgage jumps from $4700 to $7200 next month! __If I can just hold on til the next property upswing I can make it all back...

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: You can't always get what you…,

    Does that make us his loyal servants?

    Well, for some time now I've seen myself as the PAS Fool.
    As you do.
    (But having just wiki'd The Fool perhaps I'm just The Village Idiot)

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Piled in bins like summer fruit,

    Heh heh -- i didn't understand a word of that David! But just as I can recognise Chinese when I hear it, even tho' I can't speak it, I think I get what you're saying. Now's the time to buy more investment property, right? That's what you said?

    But seriously, I am surprised how the housing market has pretty much stopped dead in it's tracks so quickly. People who have been selling their home to move 'up' to a better home are now staying put, because the cost of moving up is more daunting. And the people who bought negatively geared investment properties will have to find a way to hang on or give up and sell for what they can get. Which should please all those people who thought they couldn't afford a home.

    With a bit of luck people may get reacquainted with the idea of living within their means. Why pay all that money to the bank mortgage when you can live in an 'okay' house and have more fun spending the difference in other ways?

    (Damn, that also means my bank shares will drop further!)

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: You can't always get what you…,

    I thought yo' mama couldn't even hook up her Freeview box. Come on, did you expect me to resist a set up like that? :)

    She had a chap in to do it. She may actually be the first Freeview HD user on the Kapiti Coast.

    She had to get someone in to do it? OMG what kind of son are you? She's probably the talk of Kapiti alright: "her son's in IT, even has his __own TV show, and yet he couldn't even find the time to pop down and plug in her Freeview box. Oh, if my Kevin ever treated me like that ..."__

    you can take the CD to a librarian or a teacher who, providing she has been authorised by...

    That's a slap in the face to this nation's two dozen male teachers if ever I saw one ...

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Piled in bins like summer fruit,

    The explicitly racist South African regime was globally regarded as illegitimate from at least the date of the 1962 UN General Assembly resolution and was subject a range of both official and unofficial boycotts and divestment campaigns thereafter. The EU imposed an oil boycott and in 1986 the US govt banned all new trade and investment until specific conditions were met, including the repeal of apartheid.

    Aw, now you're just making sh1t up. What UN resolution? If one had of been made in 1962 we wouldn't have had such close ties with them right up until 1981. Everyone knows Apartheid ended because Kiwis made a brave stand to stop the 81 tour (I was there so don't tell me otherwise). The EU & US had nothing to do with it.
    We were first with Universal Suffrage, then the Atom, then Everest, then the 4 Minute Mile, then Apartheid, and now the FTA with China. We __lead __and the __World __follows, baby ...

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Piled in bins like summer fruit,

    P.P.S. Oh, and I can also tell you why house prices will fall and mortgage rates will go up over the next 5-10 years.

    Please do ... I have to refix my million dollar (tax deductible) mortgage next month and I'm wondering whether to do that or sell off my share portfolio (thereby realising a paper loss of 25-30%). The bank want 10.95% interest and I kinda figure property isn't going to return that for a while ...

    Since Jun 2007 • 909 posts Report Reply

  • Hard News: Episode One,

    When Kay Gregory was paired up with Paul Henry for TV1's Breakfast slot, the team didn't last long - Gregory quit almost immediately after because she couldn't stand Henry!

    Except it lasted quite a while, and they had a great rapport (just one that wasn't based on some form of implied sexual tension)

    What sexual tension is there now? Does 'Henry can be a dick' count? The only sexual tension is between me and Pippa (this from someone who didn't like her when she first appeared - oh the shame - as soon as the glasses disappeared I fell for her like the sad lonely man I am) ... Ahem.

    Gregory only 'left' when TV3 announced their plans for 'Sunrise'. How fortuitous for TVNZ eh that she should 'leave' allowing them to replace her with some young crumpet (to augment the burnt toast that is Henry).

    Since Jun 2007 • 909 posts Report Reply

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