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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (89034)7/23/2009 3:15:26 PM
From: Zincman1 Recommendation   of 94695
 
Was talking w/ a re developer buddy in Naples, Fla today. He was explaining the banks new 'Shadow' inventory games.

Seems they are pulling supply from the markets in attempt to improve / shift the supply/demand curve a bit..

Seems to be working.. so, I am treating this pop in housing as a temp event... and am expecting this 'shadow' inventory to only prolong the slump...

His market is toast.. Some property in Naples falling in disrepair... who da thunk it... 45mts of +750K supply... wowzer

Reopened a long position today in SRS... Not sure how to take Ben com re warning this week, but might be a good hedge...
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