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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (51513)	4/6/2006 2:31:17 PM
From: GraceZ	Read Replies (2) \| Respond to of 306849

It's a given that the Homies will be cut in half but over what time frame and where does price go in the meantime? It's a crowded trade. The shorts climb over each other every time there is a tiny blip up in price. One of the problems is that you are dealing with a listed stock. It's one thing to try to make a few bucks off Nasdaq DBs but it's not easy to make a buck at the expense of a specialist so you have to short and hold no matter how painful it gets in between. Too many short term traders in those names.