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

To: James Hutton who wrote (216329)	8/19/2009 1:03:48 PM
From: RockyBalboa	Respond to of 306849

Of course... this is how I also treat and trade movements, short term. Short term those are good things, over the longer term the effect of the weak dollar turns into the opposite believe me. Once Oil hits 100, or even 80 and gas 4 then things will quickly fall off the cliff.

To: James Hutton who wrote (216329)	8/19/2009 1:07:25 PM
From: patron_anejo_por_favor	Read Replies (5) \| Respond to of 306849

Big part of today's rally in the indices is on the ginormous DOE oil inventory draw. Given how high the inventories already are, I'm not sure one week is terribly meaningful, OTOH I'm not gonna be short energy in the face of it. Seems to me if China pulls back, demand falls off a cliff, so we'll see how far it goes.