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To: MythMan who wrote (390506)7/16/2009 4:54:33 PM
From: Real Man1 Recommendation  Respond to of 436258
 
I was busy trading farts today, but I'll take a look next week if
some spoos sales should be made. I want to see some
wilderness, but I don't really see it, so I would not touch
Spoos with a 6-foot pole. This weird bullet proof market was
with us for 5 years, so now that it's back, I'm not sure it's
going away right away. The bears need some blow ups.

Bullishness abounds. Expect more home sales at lower prices -g-
bloomberg.com

"Defaults by subprime borrowers with poor credit histories
spurred the housing recession and spread to prime borrowers as
home prices and sales declined. The Mortgage Bankers Association
said May 28 that prime fixed-rate home loans to the most
creditworthy borrowers accounted for 29 percent of new
foreclosures in the first quarter, the biggest share of any type
of loan."

You should start buying up cheap houses in Nevada instead
of trading spoos. From my experience here, the good ones are gone
the first or second day after listing -g-



To: MythMan who wrote (390506)7/16/2009 4:54:34 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
lol............ if there are a couple of HUGE bears who are 500 million short, would that count? <vbg>