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


To: patron_anejo_por_favor who wrote (114540)4/3/2008 2:11:20 PM
From: Giordano BrunoRespond to of 306849
 
Message 24465711



To: patron_anejo_por_favor who wrote (114540)4/3/2008 5:27:33 PM
From: PerspectiveRespond to of 306849
 
Thought we'd get some clarity on the nascent homie breakout today.

Message 24462921

However, we still seem to be just dicking around at the breakout. Perhaps that's a bad sign for the stocks? So far, we've seen 90 minutes of strong buying at Tuesday's close, and strong selling yesterday. It was looking pretty strong earlier, but didn't put in a convincing run today.

I threw in the towel on most of it; it's just too great a risk. And if it fails, it's still a long way down. I don't mind taking (yet another) small loss only to reverse course again.

`BC