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

To: SouthFloridaGuy who wrote (78769)	6/3/2007 5:16:03 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 306849

What is your % estimate of the $1,000,000,000,000 of ARM mortgage resets that will enter foreclosure? ...and what impact will this have, if any, on the economy?

To: SouthFloridaGuy who wrote (78769)	6/3/2007 7:35:41 PM
From: saveslivesbyday	Read Replies (1) \| Respond to of 306849

"This will be the most well publicized recession ever if there is one, which I think the chance of is close to zero." "When housing bottoms at the end of this season,......" "The real contrarian is ME who takes all the bearish talk here and does completely opposite." ---------------- LIG - you're not actually buying HB stocks, are you? Because this would be doing the 'complete opposite." I believe you may be confusing 'bearish on HB's' and 'cynical about the US economy' with "short the market." Why don't you ask some of us bears about our long positions? I won't argue with you about your predictions, I just don't believe them.