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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From: TH	7/10/2010 10:09:45 AM
	Read Replies (2) of 306849

Richard Russell is semi-bullish now. Last week Greenspan and Buffett were paraded out to do their thing (which is Greenspan's case is to lie like a mofo and defend his record whenever the opportunity presents and Buffett is now just a book-talking sell-out). The big guns came out because the market ignored Abby-Ho. The amount of bullishness since Wednesday is stunning. Gold and miners (although miners did not close that well yesterday, even as the market packed on the points during the scheduled closing wammy-jam), did pretty good as POG retook 1200 in a blink of an eye. Something wicked this way comes. And I'm torn between getting out of the way of a liquidity storm or putting on a serious (meaning up to 300% of my starter position) short. Just the threat of QE is enough to get it turned, but what good is more beef if the banks just let it rot on the shelf? Looking for answers, direction, or better peyote. GT TH

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