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

To: DebtBomb who wrote (227689)	11/6/2009 1:31:38 PM
From: LTK007	Respond to of 306849

Looking at the beginning of the reversal in November/December 2007, there is still just one chance we have hit our highs,and what is that??? We sold off from the high in 2007 dropped about 5% than rallied to within about 2% below its last high and then broke down to a lower low pattern. We have a significant resistance in move to a new high in area of 1072. If the ticker failed horribly trying to bust the 1072 area,and went down to break my 1012---i then would say the high is in. But the present market action signals favor another new high. My broker feels the up force is money managers terrified of losing their job for not outperforming the SPX, jumping in on dips. Market analysis need factor in the too many fund managers that live under the guillotine of "you must outperform" the SPX or take a walk--they thus buy in fear of losing their jobs.Max