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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Archie Meeties who wrote (97902)12/20/2007 11:18:35 AM
From: John VosillaRead Replies (1) of 306849
 
Financials and homebuilders are dead for a long time to come. It will be like looking at the charts of Nortel and JDS Uniphase since 2002<g>

But other stuff not related they seemed to throw em all out and discounted the worst going forward. We are in or going into a modest recession though just based on the rails, airlines and housing starts... Remains to be seen if they can take everything beaten to a pulp further as the housing/credit situation gets even worse and the multinationals take the major averages down. Puts on a parabolic Proctor & Gamble or Coca Cola going into a 2008 slide with some July-Oct bottom?
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