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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (36009)7/22/2005 10:12:38 AM
From: tontoRead Replies (2) of 306849
 
People make a mistake if they believe they can rationalize when the bubble will burst, (if ever) but the comments made on this thread are very good. Elroy is a very good poster and I respect his opinion.

On the other hand, I have been fortunate in buying and selling during the past several years and I am very glad that I purchased what I did.

What are you calling rational a failure to observe what is actually happening? One would have made a great deal more money listening to Tradelite (and buying real estate) than one would have made listening to Elroy (and selling it) in the time frame both have been posting.

The majority of those posting on this thread have been consistently wrong about the US re market regardless of how rational their bearish arguments have been. Listening to them lost you money.
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