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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 (276372)	9/16/2010 12:13:46 PM
From: Les H	Read Replies (1) \| Respond to of 306849

Banks holding off on NOD's cnbc.com guess it's time for a foreclosure moratorium to spur Christmas sales.

To: Giordano Bruno who wrote (276372)	9/16/2010 12:15:13 PM
From: The Reaper	Read Replies (1) \| Respond to of 306849

Let's see if the pattern holds. Just as the market looks like it's going to roll over between 12-1PM a bottom is put in and rallies all the way into the close. Fed money?

To: Giordano Bruno who wrote (276372)	9/16/2010 1:09:01 PM
From: DebtBomb	Read Replies (2) \| Respond to of 306849

It's another ponzi: The banksters are trying to suck sheeple into a down loser stock market like the housing market. First baby boomers out....get the prize....the rest....the shaft, IMO. It's the bailout bubble....the bubble to end all bubbles. This one is a facking monster....13 trillion so far? This bitch is bigger than the dotcom bubble or housing bubble. Cox, who turns 54 this month, is not alone. According to a Center for Economic and Policy Research study, the net worth of median households in the 45-to-54 age bracket dropped by more than 45 percent from 2004 to 2009. The same study projected that nearly one in three of these so-called "late baby boomers" will need to bring cash to a closing to cover outstanding mortgage and transaction costs if they were to sell their homes. That group won't include Cox, who figures she can't afford to sell her house in today's market--or quit her new job, which she considers a "lifeline to health care for me." Like many of her fellow 79 million baby boomers, Cox is coming to a sobering realization. "Retirement is fading further out," she said. "Now I'm thinking I can't stop until I'm well into my 60s. But we're all so understaffed and overstressed, can you really keep up that pace that long? Frankly, I don't know. For now, I just try and put it out of my head." Read original ==>> Fredericksburg.com - As the job market flounders, 50s not so nifty - page 2 FLS fredericksburg.com