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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 (79087)6/7/2007 11:47:36 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Dees indeed smell like a correction.
Who'd have thunk?
Message 23591587
Just waiting ever so patiently for someone to turn off the lights at the shack. I guess they're fumbling for their keys



To: John Vosilla who wrote (79087)6/7/2007 2:13:29 PM
From: SouthFloridaGuyRespond to of 306849
 
Just a normalization of the yield curve. This is exactly what the Fed wanted.

Once rates stabilize, which they will soon, then people will reassess and go back into equities.

As usual, a buying opportunity so long as some big players aren't forced to delever at once, in which the buying opportunity becomes even better.

I'd be surprised if the correction were any worse than early March.