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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 (124561)5/21/2008 6:38:59 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
You sound like all my RE buddies still in the game 2-3 years ago who said prices never could go down or if they did it would be gradual. Everybody always has an agenda with my only one being the reflation cycle is still in the early stages so I'm not that negative on oil over the long cycle and it appears to be way ahead of itself today..Maybe you should ask what deflationist Mish is thinking about oil these days on his board? It has gone from $30 to $130 in the time many of us started debating him on deflation 3-4 years ago. I'll observe from the sidelines<g>