Thanks JP,it’s usually about me, but it wasn’t this time, I was trying to illustrate how the sweeping bear comments just don’t make sense anymore. We are down to area specific anomolies. The region as a whole is fundamentally sound again, but some areas are not and some areas may have overshot and bounced a bit, some areas may still overshoot to the downside. There are still some ripples and wrinkles to be ironed out, bugs used to talk about the butterfly effect, that it wont drop everywhere at the same time, that it takes years to settle. I still think you will get what you want, you’ve always known your chosen location would be at the back of the line and you are patient. If i were you, I would still wait, a 15% drop from peak is unacceptable and unsustainable, but when it gets to it’s pre bubble numbers, then that’s it, you gotta switch camps.
I am rooting for you and you are one of the reasons I still love this place.
Enron, I dig that quote, it’s so easy to get caught up in hysteria and so difficult to slow down and have alittle perspective, thanks for providing mine today.
