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

To: BWAC who wrote (148053)9/19/2008 12:42:58 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Yes. The people who remain short are going to get reamed next week. Of that I have no doubt whatsoever.

What is the sideline money likely to do?



To: BWAC who wrote (148053)9/19/2008 1:33:17 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
I think some shorts with buy stops got those shares delivered in a most painful way on the open. I was watching an index ETF, RSP, this morning go from up 60% on the open to up 10% about 15 minutes in. People who had buy stops got a very expensive cover on those shares.


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