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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: saveslivesbyday who wrote (212037)7/23/2009 6:05:53 PM
From: Live2SailRead Replies (1) of 306849
 
Here's the bull case: inventories are rock bottom, employment levels are darn near as low as they can be, orders are improving, credit is unfrozen, individual and corporate balance sheets are improved. At the moment, nobody sees armageddon and better earnings next year. Does is support SP500 at 980, not sure. A couple of earnings disappointments in two months, and we could drop like a rock.

The worst IS over for now. Perhaps the CRE debt will cause another problem soon.

When Cramer met Stewart, that was this generation's "The End of Equities."
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