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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 (158846)	10/21/2008 4:29:16 PM
From: Smiling Bob	Respond to of 306849

I only did one trade today, and saved a good bit of time and commissions as a result. It's futile trying to win when all your efforts are rendered worthless in the final hour. The only consolation is the selling wasn't en masse, but that could change if we don't see some follow through soon. Message 25091388

To: patron_anejo_por_favor who wrote (158846)	10/21/2008 9:48:01 PM
From: Think4Yourself	Respond to of 306849

Yeah, it looks like the forced liquidations continue. If Kerkorian is selling Ford at a 70% loss the situation can't be good. The only good news I am seeing is that the credit markets are slowly but surely loosening up. I don't understand why Wall Street is so concerned about earning outlooks right now. That seems downright stupid to me. Of course almost every CFO is going to be extremely pessimistic right now. In a month or two they will most likely be singing a different tune. Seems Wall Street should be watching the credit markets right now.