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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (255336)6/18/2010 1:42:31 PM
From: DebtBombRead Replies (2) of 306849
 
-3.5 in November 2007....and....last week.
And now -5.7%....I do think we're at Dec. 2007.
To me....the charts and indicators line up.
This is like the last rally, IMO.
Maybe it gets to the 50 like in Dec. 2007....maybe.
The 50 is 1139 and dropping every day.
Upside looks very limited....and downside....tremendous, IMO.
AJ thinks it's Aug. 2007....that would imply new highs coming....I say bull-sheet. ;-)

zerohedge.com
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