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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.94-0.4%4:00 PM EST

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To: Snowshoe who wrote (9423)9/18/2006 8:24:32 PM
From: TobagoJack  Read Replies (2) of 218688
 
<<35% ... 80%>>

ouch !!! $%$3245#@!#

to think of all that leverage working in reverse, grinding the gear works, popping the gaskets, melting down the insulation.

HK real estate slump during the course of Asian Financial Crisis involved a peak to valley of minus 60+% opportunity.

<<It might already be too late to sell!>>

... I think April was a good month to close :0)

It may be too late to sell now, but perhaps only because one would immediately realize a 35% discount from peak ask. The shock and awe of real estate crumble has bear-ly gotten started.

The condo, with their fees etc, may be gotten at 50% below replacement value when HMoon no longer think Iraq is an opportunity.

Chugs, J
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