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

To: koan who wrote (19796)	5/1/2011 9:41:20 PM
From: posthumousone	Respond to of 119362

businessinsider.com A few quick thoughts on the weirdness: Nobody really knows what's up. Querying around, nobody has any solid sense (yet) of what's driving the decline. There was no particular news that would seem to be feeding into this. Update: There's a little bit of chatter about the weak Chinese PMI report from this morning, but it doesn't seem that convincing or robust of an explanation. There's also talk about margin hiking (which has been going on forever). Silver is a major standout. Gold isn't moving the same way. Other commodities are down a bit, and the dollar is up, but not on the same scale. US futures remain higher. This is a big surprise, given how consistently silver has traded in the same direction as equities. Read more: businessinsider.com