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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: TH who wrote (71801)2/9/2007 9:24:16 PM
From: orkriousRead Replies (1) of 306849
 
I'm still short DSL and BKUNA. Really like the two day in a row down on all my shorts. A very positive sign that we have not seen with the magnitude of the past two days in a long time.

TH,

Both DSL and Big Kahuna had very ugly candlesticks today. Until today, DSL in particular had been positively studly.

Problems in the mortgage market are spreading above subprime. This could easily be the start of something beautiful for long-suffering shorts.
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