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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: damainman who wrote (235394)1/14/2010 7:05:52 PM
From: John VosillaRead Replies (1) of 306849
 
Many like to sound smart talking to friends and family cause they didn't get destroyed by the housing crash but then FAZ, SRS,gold miners and shorting the stock market since May had to come up. Then the inevitable question is what to do next cause cash is trash, can't trust the stock market and RE sucks 'Jeez dude gold is the place, dollar falling to record levels we are printing greenbacks like crazy...I've made a killing since NASDAQ 5k' sounds smart and makes you look good.

I just read a book called Shockwaves that came in 2009 predicting all sorts of things the past 6+ months most all of which were wrong but they bragging about their predictions in 2007-08. It is almost like so many don't get that the stock market already had the worst downturn since the great depression, is flat for 10 years and real estate has already crashed back to prices well over a decade ago in most of the country. And it ain't even Obama's fault..what a country
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