Aldante there is alot of buying pressure out there.
Why does reporting of facts have to be confused with being bullish or bearish about the market. If you want to hold your head in the sand that is okay with me. If you are in any way, shape or form a serious buyer then you would see how terribly frustrating it is out there for buyers right now.
Don’t confuse knowing what is going on with the market with what you want the market to do.
A statement of fact with regards to conditions to buy is orthogonal to shadow inventory, and mortgage recasts, lender writedowns, Obama bailouts and whatever else both bulls and bears want to dredge up.
It is very simple, if you want to buy now prepare to deal with an insidious market. My advice is to wait.