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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Travis_Bickle who wrote (114297)4/2/2008 4:30:07 PM
From: PerspectiveRead Replies (1) of 306849
 
Yes, this has been far more difficult than I anticipated this early in the downturn. What kind of rationale is there behind buying this chart at $45

finance.yahoo.com

when the stock averaged $70 in the best year of the biggest real estate bubble ever? Looking at that chart, it could easily fall below $20. Of course, whoever did it is sitting on profits, so perhaps they are just more clever than I am.

`BC
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