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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (83862)8/8/2007 12:54:14 AM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Agree on LEN. This feels like the spiking countertrend rallies we'd get in tech during the death spiral days of 2000-2001. I suspect it's mostly done (usually the first big rally-the one last summer- is the worst, then they just get weaker and weaker). Time will tell, but we've got wave after wave of ARM resets ready to decapitate the homies....I'm in sell all rallies mode. This may take another year to play out completely....
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