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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 (98771)1/2/2008 3:57:34 PM
From: PerspectiveRead Replies (2) | Respond to of 306849
 
<Mistrust of WS>

This is one of the most important secular shifts taking place. Wall Street isn't merely experiencing a normal winter here, they've poisoned the fields they worked gainfully for decades via overreaching greed. Their domestic reputation is ruined, their international reputation is now ruined - my guess is that they are probably entering a period of loathing similar to the 1970s.

Of course we know the time to move back in will be marked by magazine covers proclaiming the "Death of Equities", but that is some ways off yet.

`BC