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


To: MulhollandDrive who wrote (103536)2/5/2008 10:00:58 PM
From: Think4YourselfRespond to of 306849
 
re: "(my comment: LOL!!!)" embedded in text

I agree. I was laughing pretty hard when I read the comment you put this after. JP Morgan might be a real good short.

Wall Street leveraged all the garbage in the past few years. I have no idea why unless it was to maximize returns. Whatever the reason is, that leverage is going to make things much worse than they would otherwise be.



To: MulhollandDrive who wrote (103536)2/5/2008 10:58:27 PM
From: SouthFloridaGuyRespond to of 306849
 
I have never seen anything like this.

It started out with a "technical" movement. But those technicals are severely changing the fundamental picture and outlook.

I am in shell shock watching this.