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


To: saveslivesbyday who wrote (108444)3/7/2008 8:49:41 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
>>Remember, it takes longer for these things to play out than most expect.<<

While that's true, the SPX is down 17% from the top, and we made a new closing daily and weekly low today. So the question boils down simply to: "do we take out S&P 1270 on this attempt, or the next one?"



To: saveslivesbyday who wrote (108444)3/8/2008 10:13:11 AM
From: TommasoRespond to of 306849
 
>>>Remember, it takes longer for these things to play out than most expect.<<<<

Is 20 years, or 25 years, long enough to wait for a bear market?

How about 34 years?

That little piddly-poof blow-up of the tech and dot.com stocks a few years ago was a blip.



To: saveslivesbyday who wrote (108444)3/8/2008 11:18:04 AM
From: Jim McMannisRespond to of 306849
 
RE:"Remember, it takes longer for these things to play out than most expect."

It will take much longer because Real Estate is involved. RE is relatively illiquid compared to stocks and even more illiquid when you consider foreclosure process time.