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


To: TH who wrote (274292)9/8/2010 9:29:02 PM
From: Giordano BrunoRespond to of 306849
 
ROFL because there is just so much value to be unlocked.



To: TH who wrote (274292)9/8/2010 9:29:37 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
So....this is what it's like going into financial armageddon? Up is down....and down is up?
Cool....
Only gold is working, IMHO. Gold probably shoud be $2000 already. In 1998 dollars gold is only like $800/oz/ now IMO.



To: TH who wrote (274292)9/8/2010 9:34:52 PM
From: yard_manRead Replies (2) | Respond to of 306849
 
it's not that down is up and up is down -- but that retail is wrong at turning points -- IF we are at a turning point.

My comments are on that basis ... could be wrong about being at a turning point -- we could just wiggle sideways until the end of the year. But a couple of weeks ago we had a huge increase in bearish sentiment -- so for now, I buy it was a significant turn.

This is against many other things

1) Fundamentals -- economy is going to heck in an accelerated fashion
2) The so-called presidential cycle -- we should be peaking now
3) The recent action in bonds which predicts a crash

What can I say? Didn't claim to be infallible -- just what I see and expect given what I see ... retail is often wrong at turning points. So here we are ...I say higher one month from now.