About tr6


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In United States
Registered Jul 29, 2011

tr6's most recent comments:

  • On 28 Aug 2014 in I'm liquidating all my stocks and going to cash, tr6 said:

    It would not be that hard to get 10-15% correction. The rally since April has been low volume biotech driven. Many biotech valuations are crazy. My guess is the correction comes in October - November once QE is over.

  • On 27 Aug 2014 in Obamacare brings Medicare costs under control, tr6 said:

    CaptainShuddup says

    Also did you guys get amnesia? What about all of the Red states that have opted out of Medicare expansion?

    This has nothing to do with it. Medicare costs have been rising slower than private insurance for a while. For example, when my dad had private insurance, the premium was almost $1000 per month with a high deductible. Now on Medicare he pays about $130 per month including drug coverage. In both cases he used maybe $1000 of services a year. His premiums are not getting wasted anymore.

  • On 26 Aug 2014 in My first real estate bear thread (ever), tr6 said:

    bubblesitter says

    BA home market will be hit very hard with stock market going bust

    It was not the case in 2000 because interest rates came down. Interest rates can still come down to Japan's levels to make the fall less than what most expect.

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