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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Peter V who wrote (120053)5/1/2008 9:48:51 PM
From: bentwayRead Replies (1) of 306849
 
"Not convinced it's the PPT, the market has been shrugging off bad news left and right. Much to the dismay of my portfolio."

I feel your pain dude! I've been playing the news, which is uniformly bad, but the market's been acting like it's uniformly good! Thank God for trailing stops. We've got faith-based irrational exuberance going on, or something.

I'm sitting on a lot of cash, with no real idea what to do with it in this bizzaro market.
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