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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (65745)5/25/2007 11:25:16 AM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
The market always recovers quickly from drops based on some piece of bad news or dire predictions.

When the big hit down arrives it probably will come out of the blue on no news at all.


Agree 100%.
This rally will die on either exhaustion or on something that is not on anyone's radar at all. I am inclined to believe the former.

That is how housing declined. It did not take higher interest rates like everyone said.
Mish



To: Crimson Ghost who wrote (65745)5/25/2007 11:28:28 AM
From: mishedlo  Respond to of 116555
 
Home Prices Take Record Dive
A look at home prices, reality TV that is faked, and what's really happening in places (no bid on houses at half price)
globaleconomicanalysis.blogspot.com
Mish