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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (96351)12/5/2007 11:12:46 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>What the F*ck is WRONG with people? All I can figure is that they're just not going to let the party end, until it's cost them every dime!<<<

Why so surprised??? If they drove housing through the roof, why wouldn't they do the same with the equity markets? We had a real estate bubble in '89. Thats distant memory. We had the Internet bubble in '00 - past six months and that is distant memory too. The trees always grow to the skies.

You can buy Amazon cheap today in the low $90s with a P/E about 104.

In times like these, I like to quote Mayer Rothschild:

"Let us accept things as they are, and profit off of the folly of the world."

Remember in the US you can short, buy puts and short calls. You know what to do. Don't even think.
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