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: James Hutton who wrote (200642)	5/6/2009 4:18:25 PM
From: The Reaper	Read Replies (2) of 306849

One of my screens is a 1-minute TICK. There was a stretch between 1:45 and 3:00 where the TICK showed a negative number only twice. It spent most of its time above +500. There is some powerful buying in this market and rotation is showing up. I second your opinion about not being short this market. At the very least, I hope my brothers and sisters here that are short honor thy stops and trade the market you have, not the one you think you should have. Action in AXP was very weak during that selloff from 3- 3:30, right about an hour after it was disclosed they won't be needing any capital. We're in a George Costanza world. Be careful. If you turned the charts upside down you'd be trying to catch falling knives and that is a recipe for disaster.

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