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


To: Live2Sail who wrote (196926)4/19/2009 5:22:19 PM
From: THRespond to of 306849
 
L2S,

We will keep up on developments. I look at the fundamental drivers of this downturn and I do not see resolution.

I will not adhere to my current position out of habit. Minor upticks are interesting signals, but they are not yet trends. People are tapped out and consumers, once they shift their psychology on consumption, are a bit slow to start the cycle again. It takes longer to clear it out and we are not there yet.

Now trading it is a different story. I'm always trying to catch the middle of some trend, be it short or long.

I recall the guy who worked on my Porches telling about the weight and power on the 928 just ripping brakes to shreds. Maybe this problem has long been resolved, for that was early 90's. They were very cool cars. Someone around here has a pristine 968 cab and I still think it is a good looking car.

And no, Bennie can't cool his jets on the monetary side. The biggest load of bs I"ve heard all year. Bennie is nothing but a liar and he works for the banks and not you and me.

GT
TH