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

To: pstuartb who wrote (267193)	8/7/2010 4:17:57 PM
From: TH	Respond to of 306849

pstuartb, Yes, I remember that well. The difference, IMO, is in that case those idiots were just wrong. I don't mind holding long or short against the "wrong". This time it is an amazing rocket powered ramp on days when the news is at it's worst and a TA level is about to be breached. Wrong idiots will be proven as such in time, but playing against a rocket-powered stacked deck might not turn out so well for even the informed investor. I agree that fundamentals when they are bearish take a bit of time to impact the market. But, bullish fundamentals are instantly recognized as such and huge hundred point rallies result. So, fundamentals seem to me to be more a one-way street. Thanks TH