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

To: saveslivesbyday who wrote (96641)	12/7/2007 1:11:58 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

<major indices up 8-10% for the year (Nasd up 20%) in the course of this unwinding mess is at times surprising.> LOL! That's the understatement of the year. I guess you and I must be missing the New Math or something. I can only figure that it is due to the crash in the dollar. While that has certainly helped cushion the blow in the stock market up 'til now, I suspect the dollar won't be as helpful in 2008 as competitive devaluation becomes more popular, and stretched currency moves finally get some correction. A little shock in the emerging markets certainly wouldn't hurt either. Someday... `BC