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: Think4Yourself who wrote (119983)	5/1/2008 3:34:57 PM
From: Smiling Bob	Read Replies (1) of 306849

The fed is, for all intents and purposes, lending money for free at the moment. -- The Fed has expanded their presence and distanced themselves from the manipulation by opening their press to WS. That's why the mkt has literally not had a real down day since they installed that new drive thru window. If you got to trade with an endless supply of capital courtesy of the Fed, then fundamentals no longer matter. What's worse, the Fed is probably pushing these "loans" with the understanding it be used to shore up the mkt. They have said in many ways they will do anything they can to restore confidence in the capital markets.

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