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

To: ajtj99 who wrote (200023)5/4/2009 8:58:12 AM
From: Think4YourselfRespond to of 306849
 
Watching CNBC this morning it is obvious that there is a lot of big (formerly smart?) money trapped in the markets that wants out. It's all about "this is a great time to buy" and "things may not get better right away but long term everything will be fine" after the recent sharp rally on awful economic data.

It is probably true that things will eventually get better, just as it's true we will all eventually die.

1931



To: ajtj99 who wrote (200023)5/4/2009 9:03:28 AM
From: patron_anejo_por_favorRespond to of 306849
 
Sadly, you may be right.



To: ajtj99 who wrote (200023)5/4/2009 9:47:32 AM
From: Les HRead Replies (1) | Respond to of 306849
 
He's become so big that he's hitched his investment strategy to the federal government. Railroads, big mergers, banks, derivatives bets.


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