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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (214618)8/7/2009 3:08:57 PM
From: PerspectiveRead Replies (5) of 306849
 
They got this bear. I've been throwing so many towels, my arm hurts. I just can't stand to fight it any more. I've lost so much, so many times, I can't believe it. Gotta live to fight another day.

My strategy was to try to hedge and ride out the storm off the March lows, but I've given up hedging. Just shutting it all down. No reason to keep fighting the tide. The magicians have done it again - kept this bloating fcuking pig of a credit bubble alive again. Been fighting this g*ddamned thing since late 1999. Je$u$ Chr*$t. I guess I just don't get it.

Might it turn at SPX 1000? Sure. Of course, it has ignored every other potential resistance level up to this one. Man, do I ever wish I could turn back the clock to the first few days of the bounce - when I was caught away on spring vacation. Boy was that a lesson.

The bad guys win again. So much for happy endings...

`BC
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