Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Many people knew there was a housing bubble, but few predicted it would have such wide-reaching effects. Did you?


I had all my money in the foreign markets, and got out in late 2007 when it spiked down,

http://finance.yahoo.com/q/bc?s=VEIEX&t=5y

...I wouldn't have made any connection to US housing and foreign equities, but I was looking at both, and I knew both were bubbly. I've since lost money on a few stupid trades, so it's not like I'm an expert or anything. But the fundamentals are usually clear to all. Right now, the macros on S&P PEs, long-term treasuries, and high-yield,

http://finance.yahoo.com/q/bc?s=JNK&t=2y

...are clear, and they all scream "avoid". And that's the extent of my trading strategy right now.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: