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

To: Elroy Jetson who wrote (169182)	12/4/2008 10:43:12 PM
From: Poet	Read Replies (1) \| Respond to of 306849

Excellent point. The issue, though, is timing. Are we dealing with a simple recession? deflation? and if it's deflation, waiting for the right time to buy is going to be tricky. As a trader, I didn't want to catch a falling knife. As a buyer with cash right now, I don't want to buy a falling knife.

To: Elroy Jetson who wrote (169182)	12/5/2008 12:12:02 AM
From: fatty	Read Replies (1) \| Respond to of 306849

There were lots of savers out there. But anyone put their savings in the stock market were worse off. I haven't heard of any saver, especially the under 40 crowd, put majority of their savings in saving accounts. Is there any statistics out there that show the asset allocations of different households? Sure, savers should be rewarded, but in the current crisis, what percentage of the population is so lucky? The current crisis does nobody any good. Not people from the US, not people from Europe, China, India, Japan, etc. And as oil price is dropping below $50, not even the OPEC countries are benefitting. I guess the only exception is Bin Laden and his friends.