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


To: BWAC who wrote (216838)8/21/2009 6:29:02 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
<It will end badly, with probable new lows. Who knows when or what exactly sets it off.>

Just gotta survive until then. I like to be positioned ahead of the turn and hedged; hopefully that strategy won't destroy me before the turn.

The income and tax withholding numbers cited by folks like Biderman paint a pretty grim picture. I think we saw a high-frequency player panic, followed by an unwinding of that. Now the poison is in the real economy, and the real decision makers are applying the brakes in the private sector.

BC



To: BWAC who wrote (216838)8/21/2009 7:20:19 PM
From: John ChenRespond to of 306849
 
" middle class finances are still deteriorating. "

And when mission is WRONG, accomplishment is WORST.

Recover the loot should be the mission.

Coverup the loot is wrong mission.

AWESOME.