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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 (263028)7/22/2010 10:27:01 AM
From: THRespond to of 306849
 
JH,

I'm wondering about that too, but I really don't know.

I do know that soon, as the Euro falls, the Euro Down/Gold Up trade will reassert. I just don't know when.

As we have discussed, the stress test has to be just right, Goldilocks stuff. A couple banks should be flagged as, "troubled", so as to give credibility to the rest (which may have dead bodies on the sheet that will appear to only be "mostly dead").

This rally better show the stuff right here, or it will fail again. 1088 down. Now to take out Patron's gap at 1096 or fall.

GT
TH