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


To: Giordano Bruno who wrote (269696)8/18/2010 8:58:28 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
burning, burning, burning.... youtube.com



To: Giordano Bruno who wrote (269696)8/18/2010 9:05:42 AM
From: THRead Replies (1) | Respond to of 306849
 
TR,

<Across all operations in the schedule listed below, the Desk plans to purchase approximately $18 billion.>

This is now reaching stupid proportions. The Fed has the lemmings running to buy up the long end for 18 billion. Cheap action for the Fed and a bargain. Watching the behavior of the crowd here is classic herding action. The Fed is a Border Collie keeping the bond sheeple on the ranch.

And it is simply wrong and another desperate attempt to force a floor under housing with another bubble. It will never stop until it implodes.

And, as that schedule expires on Sept 13, expect a new one to pop up almost immediately. This is why I'm not shorting yet, although there will be some down if you are nimble.

Just insane and for god's sake, don't ever save a dollar. Saving is a sin.

GT
TH