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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 (159978)	10/25/2008 11:44:18 AM
From: Drygulch Dan	Read Replies (1) \| Respond to of 306849

Deflation, thats only a gold and oil thing. Stay with the script, will ya ?

To: patron_anejo_por_favor who wrote (159978)	10/25/2008 11:51:46 AM
From: Think4Yourself	Respond to of 306849

I hear you on the groceries prices. They are still climbing here. For some of the stuff in the frozen goods isle the packaging weighs almost as much as the contents. Many of the retail stores around here have had Christmas stuff up for weeks. Only 2 more months till Christmas!

To: patron_anejo_por_favor who wrote (159978)	10/25/2008 12:46:01 PM
From: Tommaso	Read Replies (2) \| Respond to of 306849

Somehow I duplicated my post (the next one). So will provide something different. The Dow is now back to where it was about eleven years ago. Gone nowhere. finance.yahoo.com

To: patron_anejo_por_favor who wrote (159978)	10/25/2008 12:46:12 PM
From: Tommaso	Read Replies (3) \| Respond to of 306849

>>>Dow will definitely be in the 6000's or lower before we're done. <<< You may be right but I am completely out of my bear funds. There is too much money floating around and too many idiots able to do things with it. Also, I thought ten years ago that the Dow ought to drop to 4,000. I figure ten years later, 8,000 is a reasonable level. But just because it's a reasonable level does not mean that it can't go lower to an unreasonable level. So I am not going to be surprised if we do see it at 6,000. Depending on what I have at that point, I might start going long on closed-end funds selling at a discount. If it drops to 5,000 I will add more on margin. Or so I think.