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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (300806)12/29/2010 8:31:19 PM
From: THRead Replies (1) of 306849
 
GB,

It's completely nuts.

And that worries me, as bull-idiots post 1987 think an indexes past performance actually means something. That whole reversion to the mean is lost on a group who's entire attention span is no greater than the past 23 years.

I did like that close today. We have been getting a good number of those, "I really don't want to hold this" closes, even as the indexes still manage to creep up.

Signs are mounting that greed is going to show soon <g>

GT
TH
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