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


To: Think4Yourself who wrote (135322)7/21/2008 8:21:24 AM
From: DebtBombRespond to of 306849
 
Indymac = (car racing) LOL. I wonder if this thing can hold up for a month.



To: Think4Yourself who wrote (135322)7/21/2008 8:30:23 AM
From: DebtBombRespond to of 306849
 
"Most people have no clue whatsoever as to what is happening." That's not what the Indymac account holders think, or the foreclosure people, or the bankruptcy people, or the stock fund bagholders with 25% losses off the top think, or the 80% of the public that thinks we're going down the shitter, or the unemployed. I think people are wising up now. But....there's still that 20% that support the administration and believe everything is great in fantasyland, so maybe it can last a little while longer.



To: Think4Yourself who wrote (135322)7/21/2008 8:38:14 AM
From: DebtBombRespond to of 306849
 
Also, there's no more cushion, no more rate cuts, no more bailouts, no more buyouts, Fed money is getting used up, 10% of FDIC money already gone. What's that hissing sound? I wouldn't bank on a strong bear market rally or stupid public at this point, just my opinion. There's no way out, IMHO.