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

To: MulhollandDrive who wrote (173723)	12/26/2008 1:21:32 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

I presumed he meant it indicated we were in a deepening recession. Possibly, but a Big 3 BK might well mark the end rather than the beginning. It doesn't really time-mark anything. I think crude has a 50% chance of hitting 75 next year, mostly due to dollar weakness with the economy flattening out by the 2nd half (not a big rebound but employment flattening out, GDP flat in Q3 and around 0.5% in Q4). Real estate will suck in any event.....<G>