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: Tommaso who wrote (298723)	12/18/2010 6:57:48 AM
From: TH	Read Replies (1) of 306849

T, No, he wants cake and to eat it. He does not want to crush anything. Bennie wants everything under the sun to go up, up, up, perhaps forever. The reality is that he may elect to take some froth off the top of equities in exchange for say 60 basis points on the Ten. Bennie is very happy with a 2.7 on the Ten. The rest of what you posted is all good and factual stuff, but we both know that facts, fundamentals, and all that good stuff we use to arrive at "approximately" fair value is pretty meaningless right now. It will not always be that way of course and your TBT might be the first to really move and reflect a more realistic repricing, but right now, fraud prevails. GT TH

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