2 replies to this topic

[relax]

just came in

[bullshort]

" . . . expects new mortgages to fall about 25 percent in 2008 from this year's levels . . . ." Wow. If their projections are right, that ain't small potatoes. As a comparison, I seem to recall the statistic that during the Great Depression, automobile output by the big 3 automakers fell about 33%.

[relax]

see your point but this market is far from trading logically so we go easily go to new highs from here and crash later to me it is just too obvious that we crash, there is a lot of bearishness and short positions things change so quickly, it seems like the best thing to do is to keep an open mind i'm still bullish, think we bottom wednesday/thursday, but i may change my view monday, we'll see good trading