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Strategies & Market Trends : US Economic Trend Analysis

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To: gpowell who wrote (69)6/9/2008 11:34:44 PM
From: John VosillaRead Replies (1) of 97
 
I actually look at the number of daily posts on the Housing Crash board today versus 2 or 3 years ago as another indicator too many are now gloomy and expect the sky to fall when they connect all the dots. Used to average around 25 posts a day at one time with more by me than anyone else..now up to 400-500 in a single day i barely even pay attention to the daily BS<g>

I do imagine most either got hurt bad by being short too early against the usually NASDAQ suspects in 1998-99 or too long the wrong stocks in early 2000, thus setting up a chain reaction of doom and gloom further fueled by totally missing the incredible run off the March 2003 bottom..I still bother with the stock market for that kind of stuff where fortunes are made but most everyone else who really knows RE distressed investing doesn't even care about the stock market because why gamble when you put up stunning returns with profit built into every deal and are in control (the last four years were the exception at least in my world)
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