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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (89899)12/26/2007 2:21:01 PM
From: Mike Johnston  Read Replies (1) of 110194
 
Another way to pinpoint a bottom in housing would be to watch gold.

It is likely that the bottom in housing ( correction of overvaluation ) would be reached if gold crosses $1200 mark, while nominal housing prices decline another 20%, this is just my rough guess, i haven't done any calculations yet, but i will post them when i get to do them.
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