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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (51602)4/7/2006 2:32:31 PM
From: GraceZRead Replies (1) of 306849
 
Finally it is here but the stock prices going down with a wimper not the bang I would have expected..

In 1990-91 it took less than a year for the stock prices of the Homies to get cut in half and after that it was all over for short side action. Stock prices on these names are still 3-5 times what they were in 2001 when this thread was started. No one expects prices to fall to even to where they were then which makes the call not only early but wrong.

To be right, the call would have to have been prices will fall 50% after rising 400%.
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