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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (191613)3/19/2009 11:04:59 AM
From: Smiling BobRead Replies (3) of 306849
 
I think I did too good of a job talking myself out of believing the move would be as powerful as it was. Leading up to it, I was convinced we'd get 1k off of 6500, but then started reading this thread again and got all pessimistic again the first day of the bounce.

It's all Wayne's fault.

I've been kicking around the idea of these trillions possibly boosting the market for some time along with the $20 dollar loaf of bread, but have fallen back to the conviction that we're deserving of a long period of stagnation at best
I do think we're in a good shorting period here. Will be adding today and/or tomorrow.

HBs should be facing bankruptcy, not pricing in growth.
CRE need to feel some real pain for awhile
Too many retailers still kicking. We don't need a BBY every 5 miles.
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