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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (2672)1/20/2009 7:45:16 AM
From: robert b furman1 Recommendation  Read Replies (1) | Respond to of 4080
 
Hi PC,

That is actually some very positive news.

The patient is taking the medicine as the market works.

Wondering if we're not very close to having the worst behind us?

It has already been several years.

Bob



To: pcyhuang who wrote (2672)1/21/2009 3:35:21 PM
From: Keith Feral1 Recommendation  Respond to of 4080
 
Good info. Eventually, these foreclosure prices are going to stoke demand. We didn't get into the housing mess in 2006 without some reason. $200K for a house in Southern California seems like a dream come true for a lot of people. It will be interesting to see how the price plunge in Florida is impacting volumes. We should see a big spike in demand.


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