SD Realtor, Pretty much agreed although if you see a big drop in Sep 07 vs Sep 06 the mask will be pretty transparent. It will be interesting to see the REIC go into full gear this winter. That’s all they have, the market is basically in hibernation so it gives them an opportunity to play “Lets Pretend”. I imagine the FED will be lowering into the winter and this will give to a narrative of a big Spring rebound, They have alot of money and media contacts to drive this story line home. I don’t look forward to it.
