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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 (147484)9/17/2008 5:28:12 PM
From: estatemakrRespond to of 306849
 
Take a look at a 3 year chart of Mastercard (MA)........that chart, in a few more months, ought to mimic a chart of the Shanghai index today. I still like MA for a much further collapse than what we've seen so far.



To: Smiling Bob who wrote (147484)9/17/2008 5:50:35 PM
From: XBritRespond to of 306849
 
<<If we break these support levels, all hell is breaking loose with it.>>

Short term, yes. That is the scenario in which I'll be kicking myself next week.



To: Smiling Bob who wrote (147484)9/17/2008 6:16:02 PM
From: BWACRead Replies (1) | Respond to of 306849
 
<<All the stars seemed to have aligned almost too neatly for indice tgt bottoms. DOW hit 10600 just as SP hit 1150.>>

Does that tell you anything about the precision of the computer trading algorithms marking the MarkIt???



To: Smiling Bob who wrote (147484)9/18/2008 9:29:40 AM
From: Giordano BrunoRead Replies (2) | Respond to of 306849
 
Hey, for starters Mr. Dow is dead.
Get with the program will ya?