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 (200620)	5/7/2009 1:53:00 PM
From: RockyBalboa	Read Replies (1) of 306849

While I believe that lots of money was chasing stocks as it looked for a home after the US. Treasury debacle...., this could change in a bit once it flows back into bonds or foreign investments. A two months rally is a beauty indeed, but people often tend to overstay it. That said, the 50pt drop in NQ and the ugly red candle in banks are a hefty ante for tomorrow. The bank of america was a masterpiece of brinkmanship by i-banks. $15 a nice reward for those who managed to sell.

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