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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 (175268)	1/6/2009 10:29:59 AM
From: ChanceIs	Read Replies (4) \| Respond to of 306849

>>>As the global financial crisis grew more severe this summer, foreigners sold almost $90 billion of U.S. securities<<< Hmmmm. In the large I don't doubt the veracity of this article - nor its importance. In the small (last few months), I would say that we have had a foreign panic of foreign cash back into the US. Mostly headed for US Treasuries. I have always been concerned while shorting this fall that foreign investors would see a (relatively) safe haven in the US and might swoop in and buy US companies on the cheap. Who knows??? I can't figure why the homebuilders are up almost 100% since November. Or the dining stocks. Or Macy's.