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

To: Galirayo who wrote (200315)	5/5/2009 3:23:50 PM
From: Perspective	Read Replies (3) \| Respond to of 306849

Sure would seem like this should provide at least a LITTLE resistance: BWTFDIK? Seriously, everything I touch goes wrong these days, so don't ask me. I obviously don't know WTF is going on. I can tell ya we aren't going back to 2007 conditions in the credit markets, which means GDP can't recover to those levels (unless exports fill the gap). And I'm pretty darned sure that means the clownsumer, and by extension, his financiers, are toast. It would make a beautiful 5-month flat if it turned down about here. I kinda thought we'd make this structure, but I also thought it would wrap up with A=C, and we've just ground up through that threshold. `BC