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: coachbobknight who wrote (125111)	5/23/2008 10:30:53 PM
From: patron_anejo_por_favor	Read Replies (2) of 306849

We could get down to 110. I'm long DUG too and sold down all but my core on the other stuff, but I'm not sure I'll hang on to the hedge that long....the stocks should continue to lead the price of oil down, the last 5-10 bucks (on oil) should come quick. Inventories will be extremely important, we really shouldn't have had as big a draw as we had this week unless our Arab/Russian/Nigerian overlords are having serious production problems. If we continue to get good bear market destruction the oils will move down at least as well as the rest. If this IS more than a ST top, it will have been the most widely anticipated and discussed top since the depression.

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