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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (78806)6/5/2007 3:19:13 PM
From: SouthFloridaGuyRead Replies (1) of 306849
 
Parallels to 1987. I forgot to mention that before the market crashed, it had a huge run-up in the face of rising rates. I expect the same here until a global equity and debt crash whenever that may be. I expect our markets to go "Chinese" as supply of stock has continued to dwindle. It will be too early to sell at the beginning of a rate rising campaign because momentum will be too strong, IMO. But Bernanke will break its back no doubt.

One has to be very long and strong here.

forbes.com
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