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: Think4Yourself who wrote (159976)	10/25/2008 11:38:10 AM
From: patron_anejo_por_favor	Read Replies (4) of 306849

Dow will definitely be in the 6000's or lower before we're done. We're due for a pretty decent bounce soon (maybe next week or after the election). It'll probably be violent but the overall economic fundamentals have a long way to go. Domino #1 is glued to the floor in the down position and will remain so until politicians get the phuck out the way and let prices hit real market levels, i.e, levels supported by income. That will take time, and probably won't be completed until late 2009 or 2010. It'll be interesting to see how much of the free market will be left by then, versus Corporate Merka at large becoming one giant "Government-sponsored enterprise". Knighty Tin used to have a hierchy for investment manager intelligence. I believe Pension fund and insurance companies were on the very bottom.....<NG> BTW, when the hell is all this deflation gonna hit the grocery stores? The pharmacy? Insurance rates? We're paying a fortune here.....<NG>

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