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

To: TH who wrote (25202)	6/12/2011 10:04:56 PM
From: posthumousone	Read Replies (1) \| Respond to of 119361

asia sell off is pretty tame at this point

To: TH who wrote (25202)	6/12/2011 10:41:14 PM
From: koan	Read Replies (3) \| Respond to of 119361

Nikkei down 73. The last 6 weeks have broken DOW closing patterns several standard deviations from the mean. So we are in no mans land now. And, as you say, only a matter of time. And as we are all shitty at this type of timing we could be in the beginning now. I only help a few people these days with personal accounts, but I put them and myself in 75% cash a week ago. I kept the long term stuff and highly leveraged stuff not worth much and a few exploration stocks e.g. HL 2012's and PAL Sept $4's. The 64$ question to me is not if we have a downturn, but how the metals will act this time. I figure there is a 75% chance of a big downturn, but a 33% chance of a big move up in gold which would surprise us given 08.