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Strategies & Market Trends : Longer-Term Market Trends

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To: Perspective who wrote (2136)4/22/2009 11:44:32 PM
From: morokko65   of 3209
 
$TYX flirting with a breakout, looks like a brother leg to the lauch out of the low is brewing. Long RRPIX rising rates fund:

stockcharts.com

I work as an REO manager in northern California, in some areas, inventory levels have dropped and I am seeing low DOM for historically high demand areas. A pop in rates could set off an unexpected pop in values in some areas of 5-10% in an old-fashioned buying panic (that would likely be regretted in 2010)

I know it sounds far-fetched, but I am hearing anecdotally of multiple offers for areas that are perceived as "cheap"

It could be the mother of all false springs, but it may have implications for other sectors...
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