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


To: patron_anejo_por_favor who wrote (240818)3/13/2010 10:57:26 AM
From: LTK007Read Replies (2) | Respond to of 306849
 
My general market poistion is, if not doing quick day trading, don't short this market.

i still see the replay of late 1999 into 2000, the reversal did NOT come until the shorts were annihilated.

On a percentage basis, i think it a 85% likely to happen chance the "boys" will short squeeze ruthlessly and blow this higher--my tentative SPX high remains in 1230 area.
Only two things that i see that will stop this market bull run is it reaching beyond maximum insanity , where shorts are broken, and the professional longs realize the game is up, let's bail NOW or, as an alternative, an exogenous event, something the SHOCKS the market, a quake reading above 8.0---then you would have the ultimate, a Black Swan, and we get a Niagra Falls, bigtime.
Max



To: patron_anejo_por_favor who wrote (240818)3/13/2010 11:13:35 AM
From: LTK007Respond to of 306849
 
Bangor and the DownEast of Maine(where i am) had a total of 3 inches of snow in 7 weeks---this is the most snowless 7 weeks for this time of year in this area's recorded history.

We had had 57 inches by mid-January, and looked like a MEAN winter ahead(alltime record 179")---but we were bare ground by about 2/7, and remain so.
Lilacs, Rugosa Roses, Maples are budding, at least 3 weeks early . i can drive a shovel into ground a foot in some places--that doesn't happen generally until 4/1 to 4/15.
Sugar Maples started to be tapped about 3/1--quite something

To us, we do feel like we are on the Riviera.LOL! Max