The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (98769)	1/2/2008 3:53:16 PM
From: Smiling Bob	Read Replies (1) of 306849

Always appreciate seeing your detailed thoughts here. I'm still in a similar mindset. Option port 90% puts in retail and banking with a touch of tech. Much too early to expect any meaningful move to the upside. No capitulation and fear has yet to have entered the equation, though it is beginning. And even after we do get that signal, I expect a few years of dull, sideways action with a downward bias. Mistrust of WS will see to that. Bursting of tech and RE bubble within such a short span has to take the wind- and capital- out of googly-eyed speculators' sails.

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