The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ggersh who wrote (260931)	7/15/2010 9:28:05 AM
From: TH	Read Replies (1) of 306849

ggersh, I'm simply unsure. Short term perhaps, but at some point, real earnings are required to sustain that game. The Euro is up and Spain just paid over 5% for 15 year auction. Watching our bond today for real clues about the near term, but I'm already leaning towards a bump on my shorts and perhaps a new short position. Gold and miners are the more difficult call for me right here. With the clownbuck weakness we should see a real push by POG to take out that 1222 level and get our handle back in action. But, I also note that Patron has cut his positions and put on a DZZ hedge. I want to own miners, but I can't pull the trigger here as I expect the usual miner suckage if the broad market takes the swan dive. GT TH

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