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


To: Think4Yourself who wrote (82998)8/2/2007 5:38:23 PM
From: ldo79Read Replies (1) | Respond to of 306849
 
JQP

What's to worry about? Sheeet man - Jimbo told me that all the folks could walk away from their houses (note, no one owns a home anymore) and all the lenders could go to zero. We sold this crap to idiots overseas. No problemo, dude............... nothing more than a pimple on an elephant's ass.

You worry too much. Hold your nose and buy the homies.

tinyurl.com

Regards,
ldo79



To: Think4Yourself who wrote (82998)8/2/2007 10:09:33 PM
From: Lizzie TudorRespond to of 306849
 
It is amazing the market isn't more concerned about all of this.

The reasonably experienced market players are plenty concerned.

The problem is there is this *huge* onslaught of what I think are naive value players that think every company that looks like it is going down is going to pull a "Harley Davidson" (a company that looked like it was going under in the 80s and pulled through turning out to be a windfall for investors who believed), or a KMRT from a few years ago before it became SHLD.

I once heard that creepy "capitalist pig" guy on FOX bull and bears (horrible show, I know) tell people to buy worldcom stock right before it went under in 01. This was when it was trading at $2 or something right before BK. It was obvious to all this was a BK. This guy capitalist pig has a blog and is supposed to be a semi-professional.

That same thing happening to LEND.