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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: yard_man who wrote (294572)11/30/2010 10:35:00 PM
From: THRead Replies (1) of 306849
 
pg,

Noted the VIX today. Every time it creeps up, it magically falls back in a day or two. Maybe the pattern is about to break down, as your chart indicates a bit more gusto at the trend-line.

Regarding the Ten, I have lost any ability to interpret or predict what it is going to do or saying about the state of things. Such is the nature of the very clear, very overt, and absolutely indisputable intervention/manipulation that is happening in that market due to the POMO nonsense.

I did lighten up today near the close and capture profits from the recent adds. I somewhat regret that, as I do think POG is going to make a run. The problem is the same old problem we have every time with the miners and that is liquidity monkeys sell anything when the market turns. We might see POG hold and the HUI get a short-term wacking, but eventually we are going to get a real move.

Other have told me that they see crash signs. I don't see that yet. And, with the endless (well, seven more months right) POMO, I think it is unlikely. We might be range-bound or we might correct a few percent, but that money has to flow somewhere and it ain't a CD at the credit union paying .25% <G>

Market is a mess and a fraud, but its the market we have to work with right?

GT
TH
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