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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 (165991)11/21/2008 9:38:21 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
I'm not lowering my targets, only shortening the time. It's happening fast. Maybe we'll just wipe it out now.



To: Jim McMannis who wrote (165991)11/21/2008 9:54:20 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Bailout was a scam IMO. It will make no difference, IMHO. I think we're looking at Dow 2,000-3,000. How we get there is anyone's guess at this point. But, I'm basing this on the percentage losses from Dow 1929 and Japan 1990. and this time it's worse, IMO. This is the worst disaster ever in world history. Just my opinion. History always repeats itself. Human nature will never change. Everything that happened in the past will happen again.



To: Jim McMannis who wrote (165991)11/21/2008 9:56:29 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
And if you understand the derivative monster....you can see what's going to happen, IMO. This is the worst.