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Another subprime lender Fremont sinked over 24% in “ONE DAY”. Housing market can only get worst. The housing bubble is extactly like the Dot-com bubble.
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070228:MTFH00249_2007-02-28_01-40-24_N27245093&type=comktNews&rpc=44