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


To: ItsAllCyclical who wrote (169080)12/4/2008 3:26:24 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Yeah, I got pretty flat cuz we keep beating against the daily downtrend line for the bear. If we get over it, it could be volatile to the upside. The downside certainly remains a risk as well, but the risk/reward has leveled off temporarily in my mind, and I don't want to have this level of concern going through the holidays.

I'm really struggling to latch onto a theme anyways. The REITs are in bounce mode - I guess I should be adding, but I tend to wait for them to turn first. Retail and homebuilders are celebrating $1.79/gallon gasoline and 4.5% mortgage money. Banks I guess are celebrating that as well. Oils just can't seem to find a bottom, or I'd consider that. Emerging markets are stalled right now and look to me like they could break up or down. It's the first time they've looked like that in a while for me.

The only theme I've got is the coming wave of BKs: personal, banks, and business. But how many names are there to short?

`BC