It is a picture of San Diego county foreclosures.
epicenter of 3 of 3 is here
Started by
greenie
, Mar 17 2007 11:12 PM
3 replies to this topic
#1
greenie
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Posted 17 March 2007 - 11:12 PM
Anybody doubts the wave 3 starting with gusto?
It is a picture of San Diego county foreclosures.
It is a picture of San Diego county foreclosures.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
Tor
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Posted 18 March 2007 - 12:31 PM
Anybody doubts the wave 3 starting with gusto?
It is a picture of San Diego county foreclosures.
Do you mean this is a catalyst for rate reductions and then a move up in stocks. If so, then I believe stocks go down when rates start falling.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
greenie
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Posted 18 March 2007 - 12:48 PM
No, I am not that bright to tell what can happen to stocks from this chart. I am just saying this foreclosure chart is in wave 3 and has much higher to go. I am long foreclosure 
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#4
Data
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Posted 18 March 2007 - 02:46 PM
The 3/27 arm rate resets haven't kicked in yet. It's mainly the 2/28's from 2004 and early 2005.
