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

To: The Reaper who wrote (160781)	10/28/2008 2:06:49 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

Not so hard to believe, the ClownBuck is skyrocketing today....

To: The Reaper who wrote (160781)	10/28/2008 2:45:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

With all the forced selling and deleveraging going on, none of the current irrational behavior surprises me. Anyone who tries to invest rationally here stands a good chance of getting creamed, at least in the short term. With the leverage being permanently lowered, it could be decades before we see Dow 12000 again, or oil in the 140's, or shacks in California selling for $800K. No one knows where the new "normal" levels are going to be, but they are most definitely going to be lower than where they were just a few months ago. Also not convinced China and other emerging markets won't go into depression, with resulting civil unrest.