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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To: tejek who wrote (260442)	7/13/2010 2:40:41 PM
From: RetiredNow	Read Replies (2) of 306849

LOL. The key to that article is that it's the "higher-end markets" that are recovering. Well, of course! The rich in this country have had all of their debt socialized and have made out like bandits from bailouts and bonus checks. The rest of America is getting the shaft. Just how long can numbers that focus on the recovery in the top 1% of our country be used to pretend that a broad based recovery is under way? My guess is not long at all. This stock market increase of the last week and a half and maybe continuing for another week or two is a great time to open a short position or close out long positions. In the infamous words of Bush Jr, "This sucker's goin' down."

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