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


To: Jim McMannis who wrote (151609)9/28/2008 5:06:53 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
his website today, if there is even the faintest perception of a 'floor' i'm selling into it:

moneyandmarkets.com

<snip>

Take advantage of any stock market rally to get out of all stocks we have not specifically recommended.

Take advantage of any temporary reprieve in the housing collapse to sell all the real estate you don't want to live in.

Move your money to cash, and stash that cash in the safest, most liquid investment in the world today: a money market fund that invests almost exclusively in U.S. Treasury securities or equivalent, such as Capital Preservation Fund, Weiss Treasury Only Money Market Fund or any of the other excellent Treasury-only funds we have continually recommended. The yield is low. But that's the price smart investors are paying for safety today, and it's worth every penny. It's better than the best bank.

Buy insurance against what could be one of the blackest Black Octobers in modern times, using the inverse investments we have been continually recommending throughout this crisis.