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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 (212340)	7/24/2009 4:01:32 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

Weekend headlines will highlight the strength of the market Shook off MSFTY and AMZN and NAZ only down marginally after 12 day rise. Everyone's a winner!

To: Skeeter Bug who wrote (212340)	7/24/2009 4:07:58 PM
From: patron_anejo_por_favor	Respond to of 306849

Trading around 'em, I got stopped out of SRS. But I refilled SDS at the close at 47.98. Hope I don't regret it. I'm net short here, with about a 20% allocation. A 50% runup in the SPX, hmmm, we'll see. That's forecasting quite a recovery.......a lot more of one than I see. Once inventories have been refilled, where's the business coming from? Consumers? Nope. Business Cap Ex? Nope....Gubmint? Maybe, in selected industries. But not the ones that have ramped. Throw in a decent bounce in the dollar and I think we'll get a decent August-October melt.