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


To: Peter V who wrote (123695)5/17/2008 2:45:51 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
>>>Morgan Stanley cut 1,500 jobs this week<<<

Notice when the news came out???? After the close on Friday. Way after the close. You know....so that the important people were already out in the Hamptons - those who can still go there that is.

Any coincidence that it was OpEx Friday??? I have been soooo waiting for an end to this bear market rally. That may be a sign that it is ending.

How are you going to grow earnings when you just cut 10% of your staff??? Doesn't sound east to me.

How are you going to grow owners' equity when you might be writing down .....30% .... of your investment assets??? You still might be able to make X% because you are sharp, but now you are making X% on only 70% of what you used to keep in the vault.

I know. I know. You are borrowing from Ben at 0% and lending at 7%. OK. How could I be so stupid.



To: Peter V who wrote (123695)5/17/2008 6:55:53 PM
From: Jim McMannisRespond to of 306849
 
Much to Shorters chagrin...

The new real estate boom. Really.

The housing market is still a mess but funds that invest in real estate stocks are on fire this year. Here's why the comeback may be for real.

money.cnn.com

NEW YORK (CNNMoney.com) -- Oil hit another record high on Friday. So it's no surprise that natural resources mutual funds, funds that invest in energy companies and other plays on surging commodities, are the best performing domestic stock funds this year....