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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim McMannis who wrote (82316)6/1/2007 4:28:22 PM
From: patron_anejo_por_favor  Read Replies (2) of 110194
 
>>The 3rd wave (down) in home prices will accelerate when these foreclosures are increasingly unleashed on the market. Prolly starting late this year and next.<<

I agree, plus mortgage resets will peak around January, '08. Assuming several months lead time, I've been accumulating homebuilder shorts for the last few weeks......
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