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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (201101)5/7/2009 6:39:58 PM
From: Think4Yourself of 306849
 
Your comments exactly match what I have been observing for quite some time. The after hours trades are almost always wrong when the market turns. I suspect most of those trading in the after hours don't even know about the bond auction failure, much less understand it's implications. The professionals sure the heck understood, and they reacted almost immediately. This rally should be over, and I sure as heck wouldn't be making new bullish bets here.

Then again, disparate opinions make the market. We should have a much better idea by 10:30 tomorrow.
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