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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 (201803)5/12/2009 10:53:30 AM
From: ajtj99Respond to of 306849
 
I would be surprised if we close below 875 SPX right now. We tagged it twice on the way up, so the best fit would be to tag it twice on the way down.

I think this is setting up very much like May-June 2008 right now, where we had a high in mid-May, a minor re-trace down, then a double top in early June, followed by a sell-off.

This also fits well with a commodities run into early June.


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