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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: SouthFloridaGuy who wrote (80666)6/26/2008 11:03:44 AM
From: jmiller099  Read Replies (1) of 116555
 
I am not pressing any bets. In fact I was assigned profitably on my covered calls against my double short ETF on Monday.

I am aware about the duration of negativity and how to use year on year stats. The point was meant to be taken entirely with the foreclosure backlog effect. Not meant to be taken in isolation to build a counter point.

Also, the point about the leading indicators just starting to turn positive in limited markets should not be compared with duration of the downturn. Those need to be compared with the length of time they went from leading to finally setting in.

And finally, may I have your comment on affordability? Down payments plus 3x or 4x median incomes?
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