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

To: John Vosilla who wrote (77920)	5/21/2007 12:35:05 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Time to party like it's 1999?<G?>

To: John Vosilla who wrote (77920)	5/21/2007 3:04:16 PM
From: Perspective	Respond to of 306849

All I can say is, thank God I stuck with my stoploss on that one when it jumped over $50. That used to be a large short position for me. I can't believe they're actually driving that thing up when it's nearly 70X this years guess for earnings, and over 50X the number they're hoping for Dec 2008. I really and I mean really want to see the people playing this game lose their shirts. These games just destroy the fundamental basis for rational allocation of capital in a market system... BC