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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: butschi29/26/2008 8:48:34 AM
of 306849
 
No good news today
- GDP revised down
- WaMu
- Bailout delayed
- Asia and Europe (Fortis) banks in liquidity rumours -> runs go global
- ...

Today should check out how low the markets can fall on one day and what strenght is left in the markets.

If the market crashes i would expect the bailout to be fixed until/at monday.

Low prices at quarter ending is bad, therefore we need strong bounce after today until 30 Sep.
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