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6 August 2019, 05:04 AM | #61 |
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I have a strong feeling that when the dow Jones is down 900 points plus. It's going to put off alot of high end luxury purchases throughout the world.
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6 August 2019, 05:08 AM | #62 | |
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I see S&P down over 3% so far. Depressed. Sent from my Pixel 3 XL using Tapatalk
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6 August 2019, 05:20 AM | #63 |
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6 August 2019, 05:26 AM | #64 |
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6 August 2019, 01:04 PM | #65 | |
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Cocaine? Lol Sent from my iPhone using Tapatalk
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6 August 2019, 01:06 PM | #66 |
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6 August 2019, 03:54 PM | #67 |
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6 August 2019, 04:19 PM | #68 |
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These protests haven't affected anything but small businesses. Yesterday's general strike, however, affected me and many others. A lot of "work from home" was issued as only the brave made it to work. Watch dealers were still available to transact.
Most likely holding off as it doesnt have the upward trajectory as it has previously had from the beginning of the year to June. |
6 August 2019, 10:19 PM | #69 | |
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6 August 2019, 10:22 PM | #70 |
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6 August 2019, 11:23 PM | #71 |
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Leave it to Miami to talk their own book
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6 August 2019, 11:38 PM | #72 |
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There’s always a lag period between an economic slowdown as is read in the papers and the actual changing of purchasing/investing decisions.
Eg someone who made up his or her mind last week to buy a GMT will likely not have decided against it simply based on what’s happened in the past two days. If the pessimism persists though, odds are this very same person will decide later on to defer this particular purchase. Sent from my iPhone using Tapatalk |
6 August 2019, 11:38 PM | #73 |
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When wealth disappears, nobody is immune.
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7 August 2019, 12:39 AM | #74 |
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Interesting. Used Rolex prices in Japan fell sharply but Patek prices are still standing like a champ. Maybe this is the last upward movement before the bubble popping?
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7 August 2019, 12:47 AM | #75 | |
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The reality is you still can't get the hot sports models at retail and that is UNLIKELY to change anytime soon. For a 5712 a retracement from 80k to even 60k doesn't really change much. |
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7 August 2019, 01:06 AM | #76 | |
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A 25% move doesn’t mean much... got it. |
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7 August 2019, 01:10 AM | #77 |
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7 August 2019, 01:14 AM | #78 |
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lol except now I live in NY
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7 August 2019, 01:30 AM | #79 |
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Buy buy buy
Sell sell sell |
7 August 2019, 01:36 AM | #80 |
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7 August 2019, 01:37 AM | #81 |
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I think I saw you on 57th the other day thomas
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7 August 2019, 02:21 AM | #82 | |
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Maybe this is a local thing but hulk hit 20k here a few months ago and crashed down to 16k for a perspective. |
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7 August 2019, 02:26 AM | #83 |
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7 August 2019, 03:31 AM | #84 |
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@bearxj86 thanks for the article. The 5711 and 5712 in steel are only going to continue increasing in value over time since Thierry is purposely watching his production numbers and current demand is sky high increasing daily. I personally would not sell my 5711 because I love it and chances of being able to purchase another for msrp are slim to nil for years to come.
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7 August 2019, 03:40 AM | #85 | |
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7 August 2019, 01:09 PM | #86 |
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7 August 2019, 02:28 PM | #87 |
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Those of you who see the 5711/1A "continuing to increase in value over time" with no end in sight are smoking some seriously legit stuff.
A 5711/1A at $100k is already insane. You actually see it going to $200k? :) |
7 August 2019, 02:46 PM | #88 |
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I actually just want the 5712/1A to drop down to retail. #WishFulThinking
How is the market going to be corrected when the supply remains the same? Less demand, same supply. Same supply meaning shops wont see a 5711 or 5712 for a whole year. I'm going to look for bundled deals. 5270/1R + 5740G or 5905P + 5712/1A... Seems more realistic. |
7 August 2019, 03:40 PM | #89 |
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7 August 2019, 04:30 PM | #90 |
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