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

To: Live2Sail who wrote (162909)	11/8/2008 6:14:56 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

the predicted a 16 mos recession and said we are 10 mos into it. My office has an email subscription. Mindmeld seems to have seen it also, let me ask hin if there is a webpage. A few people around SI have mentioned it. I guess my office must be paying for the Long leading index. Usually I just glance at it because I am only peripherally involved in economics. Message 25152767 edit here are some paraphrases of the same thing I saw in the email, 1. ECRI says recession has started, march 08 reuters.com 2. This week- ECRI says recession to last at least 16 mos seekingalpha.com Now you could dwell on that and say they said "at least 16 mos" but they try for a correct hit on this stuff and are not deliberately trying to undershoot, thats what we find. We take their dates as reasonable, and if they thought this was going to last 30 mos they would have said it