My own analysis shows that:
Dow is going to 14000 and SP500 is going to 1600 before the end of the summer. It may continue to go up or turn around and go down after that.
So if you are shorting the market, be very careful, and have an exit strategy ready, because you can be VERY VERY wrong.
BTW: I have been bearish on Housing since 2005, and I convinced a friend to sell his house in 2005. But I have bought REIT last year and made some good money from it.
I don’t see any contradition between being bearish on housing, and being bullish on stock markets in Short and Intermediate Term.
It’s all about Expectation, and exceeding or falling short of that Expectation.
