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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Keith Feral who wrote (90727)	1/27/2008 10:55:23 PM
From: Proud Deplorable	Read Replies (1) of 110194

"Maybe we can get a decent Spring housing market since people won't have to wait around til 2009 for good mortgage rates" Unlikely, desperation hasn't set in followed by total capitulation. Many are still between denial stage and the panic stage. But remember this, a bull market is not born until there is total capitulation so while there may be some bright flickers they can't last long. These cycles run about 7 years so if the bear started 2 years ago there is a long way to go yet. A couple of years of depression and despondancy is in the cards. When everyone you talk to thinks real estate is a dirty word then there is hope

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