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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (227397)11/4/2009 4:02:19 PM
From: Skeeter BugRead Replies (1) of 306849
 
patron, that is one reasonable scenario. the "take down" may be from $1400 to $1200 or similar when it eventually occurs (my money will be in Q1).

we'll have to see it play out, though.

the end game is gold priced to and infinite amount of dollars as the buck nose dives to zero.

the only real debate is how we get there - and i think it may be a bumpy ride.

PAAS earnings are due and lots of $21 puts were purchased ahead of earnings. i hope they don't disappoint - PAAS market action is skittish.

a fat upside surprise would be nice, too.

edit - fat anti EOD ramp to close.
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