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


To: patron_anejo_por_favor who wrote (84197)8/9/2007 1:03:14 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Feels like the markets are being held up by air and wishful thinking. Anyone else feel this way? It's like a new hole in the bubble appears every few days and they "fix" it by pumping in more money. More leverage to fix the leverage problem? I haven't felt this nervous about the markets since 1987. All this bad news and the indices are only a few % off of their highs.

The people cuming onto CNBC lately are in complete and total denial about what is happening. When someone smart occasionally does speak, the rest ridicule him. Dylan Ratigan tried to bait a guy with extreme questions. Dylan clearly thought he was being smart with the questions. The guy's response made himself look financially savvy and made Dylan look like a complete fool.

At least GS and BSC are getting hit, as they deserve.