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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (144007)9/3/2008 1:08:55 PM
From: PerspectiveRead Replies (2) of 306849
 
I'm getting hurt here, too. Squeezed by retail and bank stocks, of all things. WTF? What are we missing? Did somebody rescue the clownsumer when I wasn't looking? And airlines are acting like peak oil was all just a bad dream. (CAL a TRIPLE in the past couple months?!?)

My guess is that it's just too crowded a trade. I'm hoping that the commodity crash will at least see a little correction SOME day. Man do I wish I'd gone ahead with a few more shorts there. At least I got a couple of the shippers.

I sure wish the FDIC would get moving on the bank failures. I want to see CORS closed before they pry my short position away from me. When they go into receivership, it don't matter HOW crowded the short side is - they all go to the same price...

`BC
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