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

To: Smiling Bob who wrote (91097)10/2/2007 11:44:53 AM
From: damainmanRespond to of 306849
 
"we'll never see one ever again unless civil unrest or nuclear war breaks out."

And even then, GS will come out with record profits.



To: Smiling Bob who wrote (91097)10/2/2007 2:49:53 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
'When was Black Monday? Dropped 20% in October'

We need much higher rates, a much stronger dollar and expanded PE multiples for that to happen this October.. Something will give probably on the currency front, the monster bubble in China and (or) inflation, gas prices, much higher long term rates ect...to cause a huge crash....someday it will happen but certainly the housing bust in and of itself won't do it IMHO


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