We should take out the interim lows
Why in the world would you believe Obama would put us into some huge war??? Makes no sense. His base wouldnt allow for another war or a draft....
This makes no sense. You really think they would cut out a huge revenue stream like that? The majority of the black box trades are done by a...
Classic violent bear market rally
Well, we can argue semantics all you want, but there are pretty clear definitions of bear market out there based on objective numbers, and we hit...
37% would take us back to mid 2003 near the bottom of the internet crash. Damn! But your logic seems sound, is certainly in line with bear...
Rally killers ahead http://money.cnn.com/2008/07/17/news/companies/wachovia_raid.ap/index.htm
The bottom is not likely to be in. Very VERY few bear markets have ended so shallow with a straight reversal and so early after this much...
No macro traders here on ET?
*bump*
Since were officially in a bear market now, id like to hear what peoples guesses are for a bottom in terms of percentage and length. The...
I cant believe that is for only ONE quarter. Imagine what this chart looks like if each quarter of 2008 is similar to the first. :eek: :eek:...
The last housing bust in SoCal did not hit bottom until the trend in foreclosures reversed. Now be prepared to have your mind blown. With...
But but but, they keep telling me to hurry up and buy before its too late, there will be a fast rebound and the market gets away from me. I...
Too early to scoop. That 350 will go to 280 soon. Time to bid at 280 and hope to catch a panic spike down early :)
Agree. Extra low prices? Nope, not even close. We are still above the previous housing bubble highs. We are still way over priced. [img]
Will be cheaper in a year and cheaper a year after that. Good time to lose money buying property in the bubble markets. They have a long way to...
" To justify not buying now, you have to bet that rates won't go up *AND* prices won't climb." Prices have another 20-25% drop to go in the hot...
Interest rates and housing prices are directly tied to one another as previously stated. Rocketing interest rates means plummeting house prices....
No problem. Lets ignore the blue line. The very first home I pulled up showed a sale price lower than its 2003 price. We clearly are hitting...
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