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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (85816)8/17/2007 9:45:53 AM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
That and some other things. The Dems pushing to expand Fannies business was another, some Asian currencies getting whacked (Australia and 2 Asian CB's did Forex interventions yesterday). As I said, the biggest tell was the "miracle rally", hard to keep news like this a secret and it apparently leaked out. Plus they tend to time these things for maximal effect, so options expiration day is the way to go. It changes nothing for houses in the long run, exotic mortgages need to die.
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