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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 (123473)5/16/2008 10:10:09 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'I'm curious if anyone thinks that a meltdown is not possible, and if not, how exactly they avoid it. It seems the govt knows there's trouble just ahead'

Well if long term rates start going up even a hundred basis points near term or oil keeps going up at the current clip that will happen. If not expect at least one monumental short term crash the next six months..oil probably drops $30-40 in a matter of weeks too somewhere in there..



To: Smiling Bob who wrote (123473)5/16/2008 10:23:17 AM
From: Giordano BrunoRead Replies (3) | Respond to of 306849
 
Worst sentiment in 28 years - down 30 DOW points

Go figure