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

To: ChanceIs who wrote (182300)	2/6/2009 10:06:23 PM
From: John Koligman	Read Replies (2) \| Respond to of 306849

It's so bizarre that you posted that pic. There is a mansion on Beachside Avenue in Southport, Conn that has a huge sculpture garden in it's front yard and that piece or one very similar to it is in the garden. Regards, John

To: ChanceIs who wrote (182300)	2/6/2009 11:00:30 PM
From: James Hutton	Respond to of 306849

I think Joe became perceived as more of a housing play than a lumber play, and the homies are going strong. This could well be another short bear market rally of the type we've had several times since Lehman failed. However, this could also go several months and be a 1929-1930 type bear market rally that goes on for a few months. It just seems like there's a lot of money just itching to come back in, the general feeling is all the bad news is discounted in, and there will be a recovery starting in the second half blah blah blah. Lots of things breaking out over 50-dma, etc. I think it's naive and presumptuous to think we can "stimulate" our way out of this in less than a year, and that we'll be hitting new lows by summer, but I don't move markets. I think there's more money to be made on the long side in the near term.