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

To: posthumousone who wrote (29613)7/19/2011 8:55:24 AM
From: John Chen  Respond to of 119358
 
" how much of a rally do you think we get the day the debt ceiling is increased "

Just look at the ceiling.

You raise it, raise it, raise it.

You know what is going to happen to the ceiling.

Yeah, that's correct, the ceiling falls and crashes to the floor.

All the rating agency around the world, especially those not on US soil will
down grade the treasury the minute the ceiling is raised to :
'who are you kidding'.

Awesome.



To: posthumousone who wrote (29613)7/19/2011 8:58:36 AM
From: John Chen  Respond to of 119358
 
" my guess is 500 dow pts. "

No chance of that happening, unless DOW goes down 1000 points before that
for a dead cat bounce.

Awesome.



To: posthumousone who wrote (29613)7/19/2011 11:32:36 PM
From: yard_man  Read Replies (1) | Respond to of 119358
 
was on the river all day -- what was today's excuse?? holy cow -- I figured there was some kind of deal when I saw the indices ...


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