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

To: Skeeter Bug who wrote (198850)	4/29/2009 1:11:33 PM
From: Perspective	Read Replies (4) \| Respond to of 306849

I know we haven't turned yet, but this is setting up an extraordinary opportunity. The nonconfirmations and divergences setting up here are huge. The warning flags are flying, but no one pays attention. Government Sachs is in control of it all. Insiders are bailing en masse, momentum is waning, CNBC is convinced the bottom is in, options players are buying calls like crazy, the trash is flying high, new highs are made with SPX lagging behind, seasonality is about to turn negative, and we've got an enormous six-month-long flat correction in Nasdaq. Meanwhile, we hear garbage about the false spring unfolding. Yeah, right, generational credit bubble pops and we're gonna skate by with a couple down quarters. Sure we could go higher, but what an extraordinary opportunity lays before us. BC