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: MulhollandDrive who wrote (101103)	1/21/2008 6:01:42 PM
From: patron_anejo_por_favor	Read Replies (2) of 306849

This is the main chart I'm watching overnight...the Euro:Yen cross has been the best marker of the carry trade, and a proxy for speculative buying power (AKA "hot money") over the past year (at least). It ain't looking good now! All Ords down another 2% right off the bat:

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