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

To: ajtj99 who wrote (196733)4/17/2009 9:50:02 PM
From: Skeeter BugRespond to of 306849
 
aj, i can't argue your methodology's results. well i can, but that's been costly. ;-)

i would venture that those who have been buying don't foresee a 12.5% unemployment rate in 2010, hence the buying.

i think you are right we will see it, but i don't think that's consensus - and you'll *never* hear obama or his team say any such thing in public... at least while they want their banker buddies to ride an up move in the markets.

the reason isn't so important to me, though, i'm just hoping today was the start of an ~10% correction.



To: ajtj99 who wrote (196733)4/19/2009 11:06:18 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
AJ, japan markets down, s&p futures down ~8.

so far, so good.

a little downside momentum and we should be off to a great start.


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