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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (274292)9/8/2010 9:34:52 PM
From: yard_manRead Replies (2) of 306849
 
it's not that down is up and up is down -- but that retail is wrong at turning points -- IF we are at a turning point.

My comments are on that basis ... could be wrong about being at a turning point -- we could just wiggle sideways until the end of the year. But a couple of weeks ago we had a huge increase in bearish sentiment -- so for now, I buy it was a significant turn.

This is against many other things

1) Fundamentals -- economy is going to heck in an accelerated fashion
2) The so-called presidential cycle -- we should be peaking now
3) The recent action in bonds which predicts a crash

What can I say? Didn't claim to be infallible -- just what I see and expect given what I see ... retail is often wrong at turning points. So here we are ...I say higher one month from now.
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