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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (187192)2/28/2009 4:47:27 PM
From: posthumousoneRead Replies (4) of 306849
 
Here is what I heard on talk radio show of why now is good time to invest:

1 - Nasdaq has stayed above its Nov lows
2 - There is a divergence in NEW lows now as compared to Nov.
3 - Unconfirmed rumor that hedge funds are 50% cash so there is a powder keg of money on the sidelines to blow things wide UP
4 - Plenty of nasdaq stocks have tons of CASH and no debt, cited examples, microsoft and cisco
5 - Obamba talking down the markets in order to ram through all his projects is just about over.

Rebuttal time: )

I do wonder if the lack of new lows is a bottoming....but one more week can change all of that in a hurry
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