there is a thesis that has to do with worrys about loss of home prices in places like texas.....
Problem is.... with the credit crunch... universal financing is going to go for a premium.. and it will hurt all markets...125.20 looks like a great place to run like hell from the market
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, July 25, 2008
broader drops in housing prices
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