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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (118090)4/23/2008 2:21:40 PM
From: John VosillaRead Replies (1) of 306849
 
Means little unless it goes above and holds the 20 and 50 dma.. Remember in 2003 it never shot back up after the March 2003 bottom and I bet a ton of bears missed the huge rally in the market that year missing the big picture and concentrating instead on the disaster in the rear view mirror. I'd be shocked if this is a repeat here but will let the market decide for me..More and more likely we have two recessions with the big one happening several years down the road with out of control inflation and interest rates the problem..

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