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: patron_anejo_por_favor who wrote (158630)	10/20/2008 1:05:18 PM
From: Perspective	Read Replies (2) of 306849

I know everybody's turned bull around these parts, and there's probably good reason, but I think there are still short opportunities out there as well. What's the saying? It's a stock-pickers market? I think that's more true right now than ever. Sold some of this: I saw that TL breach last month. It's irresistible. It's now bounced 50% off the low. Not back to the TL, but close enough for me to start legging into a position. This is one issue that hasn't woken up to the fact that the market PE is going to be 10 going forward, not 20. `BC

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