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

To: Perspective who wrote (201101)	5/7/2009 6:35:55 PM
From: Skeeter Bug	Respond to of 306849

banks will get an amazing good news withing 4 weeks as the fed and treasury complete their plan to unload trillions in worthless bank assets off their books and on to the tax payer. like a bad portfolio manager who gets to off load all his bad trades. caveat emptor.

To: Perspective who wrote (201101)	5/7/2009 6:39:58 PM
From: Think4Yourself	Respond to of 306849

Your comments exactly match what I have been observing for quite some time. The after hours trades are almost always wrong when the market turns. I suspect most of those trading in the after hours don't even know about the bond auction failure, much less understand it's implications. The professionals sure the heck understood, and they reacted almost immediately. This rally should be over, and I sure as heck wouldn't be making new bullish bets here. Then again, disparate opinions make the market. We should have a much better idea by 10:30 tomorrow.