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


To: TH who wrote (267013)8/6/2010 3:45:55 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
TH, what bothers me is this manipulation being so patently unregulated with the investment community (aka sheep) succumbing to it daily and without an afterthought.

It is, without a doubt, commonplace and it shouldn't be.



To: TH who wrote (267013)8/6/2010 7:33:06 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
TH, i think they want a trading range so that the traders can make big money off the lemmings (that would be most of us - me for sure, but i'm trying to change that).

a massive crash might be the last one as society could just go nuts with rebellion, so that will likely be avoided.

for now, i'm going to do what i've always done... watch. if we tap on 1150, i might take on a big, fat short position with a tight stop, 1150 could be the top or we could test the 1220 again.

i think the next driver down will be some kind of disruption again - like greek defaulting on debt or another european nation crashing in flames - when that happens, i will consider jumping on this pig on the short side.

they have lots of money, but i think it is easier for the traders to make money trading that for the insiders to prop the market up and let all the outsiders sell until none are left.