Disqus - Latest Comments for aac74

Re: Possible Fractal Elliott Wave Count of Gold May 12

coreyrosenbloom — Wed, 13 May 2009 13:57:53 -0000

That's my take with the information we have so far - it's not just Elliott Wave which is pointing higher for gold prices.

Re: Possible Fractal Elliott Wave Count of Gold May 12

aac74 — Tue, 12 May 2009 16:18:58 -0000

gold over the past year looks like a large inverted head and shoulders with the neckline at 1000 ? Surely after 3 attempts to break 1000 if the market does it this time and holds above it we have to have much higher gold prices 1200, 1500 soon ?

MACD and RSI also look bullish for setting up an impulse to 1000.

Re: SP500 Elliott Wave Update: Competiting Interpretations

aac74 — Fri, 08 May 2009 16:06:15 -0000

Loving the DISQUS comments :)

Re: I am not an economist (Scripting News)

aac74 — Sun, 11 Jan 2009 21:01:06 -0000

eye on winer is going to love this :)

Re: I am not an economist (Scripting News)

aac74 — Sun, 11 Jan 2009 20:28:57 -0000

The government can print money = true

People stop buying because of price deflation = not true
have had price deflation in all manufactured goods for over 10 years - never stopped people buying cars, ipods, tvs, laptops etc ... Quite the opposite. Everyone has 12 laptops now

You want people to buy just give them a credit card, its the American way.

The ONLY way to get long term deflation is long term high unemployment along with constrained credit. This will not happen, government will not let it happen.

Germany in the 30s, south American countries in 80s and Zimbabwe now all tried the money printing trick and all they got was 10 then 20 then 100 then 10000 the 100000000% inflation

If you could run a country on debt then wash away the debt with inflation with no long term economic damage then Argentina would still be a top 5 economy rather than 17th.

All successful economies and empires have been based on sound money. How long will China keep funding the American way of life if you drive down the dollar so much that the bonds and currency they hold are worthless ???

this man has some advice for America: do as you are told or you are toast !
http://www.theatlantic.com/doc/200812/fallows-c...

http://mises.org/

Re: ALEX JONES WITH PETER SCHIFF 22nd December 08

aac74 — Thu, 08 Jan 2009 15:04:01 -0000

you're lucky, you are in debt ! Gordon is going to turn the pound into zimbabwe money and give you a house for free !!! What do I get ??? A back account full of funny money !

Re: A River of TWiT

leolaporte — Fri, 02 Jan 2009 13:50:32 -0000

The problem with Laconica (and Twitter) is that XMPP is an afterthought - starting with a messaging system then building static web pages makes much more sense. Laconica is decidedly not real-time - or even that reliable.

Re: A River of TWiT

aac74 — Fri, 02 Jan 2009 13:47:08 -0000

How is this different to laconi.ca/twit army ?

You already have follow, track, block, IM, air and xmpp there.

As it is open source why not just mod it and create clients to your spec ?

Re: FusionFall: New Cartoon Network MMO

aac74 — Wed, 31 Dec 2008 20:32:12 -0000

nope just Windows XP, Windows Vista and Mac OS X

http://en.wikipedia.org/wiki/FusionFall

Re: When will housing bottom?

aac74 — Wed, 24 Dec 2008 10:16:53 -0000

Another thing to consider is that in most countries if you are underwater on a mortgage and you sell you get chased for the dept. In the US the bank takes the hit and just lets you walk away.

This is a very strange version of free market capitalism and has created so many problems there can be no way it can continue ? In the mean time if you can still get this deal you should be buying every house you can find.

Thus the US thinking on property investment is very different to that on planet earth (i.e you can't loose !)

Re: Disrupting Class and Playing Games

aac74 — Wed, 24 Dec 2008 10:05:42 -0000

this is my serious games site:

http://seriousgames.ning.com/

lots of people in the UK and France working in this area

Re: When will housing bottom?

aac74 — Wed, 24 Dec 2008 08:49:02 -0000

You also have to take into account that unlike a stock (where you can get a real market price anytime you want) you are never completely sure of the price of your property (and therefore the return on your investment) until you find a buyer !

Re: When will housing bottom?

aac74 — Wed, 24 Dec 2008 08:33:20 -0000

but what if the capital loss on the property (due to the greatest depression) is $10,000 / year ? Obviously you wouldn't take this hit if you didn't sell but if you are looking for a five year investment it's high risk.

Hasn't property investment always been a capital gain rather than a yield play ? I think American thinking hasn't yet adjusted to the notion that property prices can fall for years and years. In that environment your gearing is burning your money as fast as the rental cash is coming in. So you are locked in waiting and waiting for prices to start rising.

However if you think hyper inflation is on the way the smart way to play it is to buy as many properties as you can and let inflation burn away your dollar dept while you are left with real assets.

Re: When will housing bottom?

aac74 — Wed, 24 Dec 2008 08:20:51 -0000

Because of the liquidity it's almost impossible to have a bear stock market last more than 3 years. This is not the case for property where a sustained down market could easily last 5 years or more. I would say the smart money will not return before 2012 to property.

Even if inflation goes off like a rocket I don't see property prices keeping pace and thus you are loosing money. In the 70s in the UK property prices were rising 5% while inflation was double digit. Thus property was not seen as an investment opportunity.

Gold, construction stocks, utilities and asian stocks all look to be better bets for the medium to long term.

Re: When will housing bottom?

fredwilson — Wed, 24 Dec 2008 08:03:16 -0000

It¹s like owning a bond, mark to market doesn¹t matter if you are prepared
to hold to maturity

Re: When will housing bottom?

fredwilson — Wed, 24 Dec 2008 08:02:11 -0000

Right, but it depends if you are in it for appreciation or yield

Re: When will housing bottom?

aac74 — Wed, 24 Dec 2008 07:56:20 -0000

When analysing the housing market I think you must always consider how illiquid it is. This illiquidity helps keep the up market going far longer than everyone expects but in the down market you always have backed up stock that gets dumped on the market in unexpected clumps as people give up waiting for prices to rise or when a city has a round of job loses. Often prices can stabilise for a few months or even a couple of years only for them to start falling again.

In the uk prices fell 10% in the early nineties but it took 5 years for it to happen (89 to 95). Several times the bottom was called only for another round of selling to drive prices lower :(

Re: UK interest rates raised to 5.75%

aac74 — Wed, 10 Dec 2008 13:19:34 -0000

If they are facing difficulties due to these historically low rates then they can't afford their mortgage and should have bought a cheaper house (or not bought a house at all).

Unemployment is a much bigger problem, these days no ones job is safe outside the public sector.

Re: The space between Twitter and FriendFeed (Scripting News)

aac74 — Sun, 07 Dec 2008 13:15:22 -0000

jaiku shows image thumbnails from a flickr feed

Re: The Serious Games Blog: Dual-display e-book reader lets you flip pages naturally

aac74 — Sat, 22 Nov 2008 17:33:22 -0000

nope, I think it's just a prototype for now.

Re: US Mortgage Reset Chart

aac74 — Thu, 09 Oct 2008 07:15:46 -0000

sure, add away :)

Re: Serious Games

aac74 — Sun, 05 Oct 2008 12:24:01 -0000

Lots more info on serious games on my portal and networking site:

http://seriousgames.ning.com/

Re: How To Play World of Warcraft With Nintendo Wii

aac74 — Tue, 16 Sep 2008 07:49:25 -0000

More info here:

http://homepage.mac.com/ianrickard/wiimote/

Re: Shocker ! Nearly all degree courses in video gaming at British universities leave graduates unfit to work in the industry

aac74 — Mon, 15 Sep 2008 04:19:33 -0000

The only advice I can give is:

a) he must find out what he is good at and enjoys (same thing really because if you are good at something you enjoy it and will work at it and get even better).
b) educational courses that are focused and give practical experience are more valued than generic courses that leave the student with little to show for their efforts.
c) the best courses will help a student get real work experience with real companies and it is experience that is most valued by employers.
d) enjoy study but do not let yourself become distracted from the practicalities of the real world of work
e) talk to as many people as you can in the area you are interested in. What did they study ? How did they get work experience ?
f) always have a plan so that you know where you are and if you are on track to your goals.

Re: The Spore Creature Creator Demo is Now Available For Download - Mac and PC

aac74 — Wed, 18 Jun 2008 10:03:43 -0000

To be fair the macbook is not sold as games machine. However I tried the creature creator on a basic $400 xp desktop with an nvidia 7600GS card and it runs great.

Plus it will run on the latest macbooks, airs and mini that have Intel GMA X3100 graphics.