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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (68424)8/17/2006 6:07:49 PM
From: Elroy Jetson  Respond to of 110194
 
This "Race for the Exit Door" chart from the Wall Street Journal is worth re-posting, and tells it all.



Sales slow as prices rise, and continue to slow as they fall.

Once prices fall beyond a certain point, the number of homes for sale will decrease dramatically.

Then the foreclosures hit the market, and the number of homes for sale rise again.
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To: John Vosilla who wrote (68424)8/18/2006 10:17:19 AM
From: shades  Read Replies (1) | Respond to of 110194
 
Roubini's Pig Lipsticked

Phil got his gang to short FDO yesterday - I shop there and thought they were already pretty low on a long term chart so did not short yesterday - this morning Phil let emotion take over and sold FDO at the high when the specialists bumped it up 2 dollars - I shorted first thing this morning. Got to watch those emotions Vosilla - spock said they even get the best of us. He expects SP500 to go down - didn't you say old resistance was new support?

Roubini on CNBC this morning

video.msn.com

KQQ (kernan, quick, quintania) did a jam up job of turning his doom and gloom into a BUYING OPPORTUNITY in 2007 - amazing thier skills in SPINNING disaster - excellent SALESMEN - Roubini was noticeably disturbed at thier lipsticking of pig! He was outclassed - they have been selling dreams for decades - he just couldn't compete - hehe.