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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (60115)8/17/2006 10:45:26 AM
From: John Vosilla of 306849
 
I'm planning for Sept as being bad. However we've got a lot of time between today and the return from Labor Day weekend. Oct-Dec puts can get very cheap by then if the Wall Street mafia power the market higher.. These damn things always reverse and never quite play out the way we ever think. It was great to be solid short and strong from March till a week ago. Before 2006 anyone got wiped out betting against the freight train in the belief they were going to be right eventually. Minimize losses, play defense, be ready to rise another day going for the kill when the opportunity presents itself I always say. The big difference between now and early 2006 is back then few really knew the downward spiral was taking place and none of it was priced into the stock prices. Today it is well know and priced in to some extent..
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