Good point on your post. Agreed with all of your points. Like I said I don’t think there is any appreciable factor that will seriously reduce the next leg down. Also again, I would like to see a reset graph that is newer then all of the January 01, 2007 snapshots. My mind keeps flip flopping… while yesterday I was thinking flatness or even some sort of perhaps rally or only small declines in the nicer areas, now I am not so sure. I think the more I think about it, the more I am not sure of anything except that this will run longer then I was initially thinking/hoping for the nicer neighborhoods. Basically the bottom will be farther out then I wanted. Now I just have to see how much risk will be unwound and in what timeframe. That is tougher.
