BobS
Rustico: Am very pessimistic…am thinking now of shorting Citigroup, or buying a put. But shorting a builder might get a “purer” play on the housing sector. Pretty much agree with most postings here that see a self-reinforcing decline that will feed on itself downward. It is the perfect storm, and there is nothing the government can (or should) do to try to prevent it. The market forces will prevail in the end.
Deadzone: C’mon, tell us what you did and how much you made doing it. What is your suggestion now?
BobS
Rustico: Am very pessimistic…am thinking now of shorting Citigroup, or buying a put. But shorting a builder might get a “purer” play on the housing sector. Pretty much agree with most postings here that see a self-reinforcing decline that will feed on itself downward. It is the perfect storm, and there is nothing the government can (or should) do to try to prevent it. The market forces will prevail in the end.
Deadzone: C’mon, tell us what you did and how much you made doing it. What is your suggestion now?
BobS
Rustico: Am very pessimistic…am thinking now of shorting Citigroup, or buying a put. But shorting a builder might get a “purer” play on the housing sector. Pretty much agree with most postings here that see a self-reinforcing decline that will feed on itself downward. It is the perfect storm, and there is nothing the government can (or should) do to try to prevent it. The market forces will prevail in the end.
Deadzone: C’mon, tell us what you did and how much you made doing it. What is your suggestion now?
BobS
Rustico: Am very pessimistic…am thinking now of shorting Citigroup, or buying a put. But shorting a builder might get a “purer” play on the housing sector. Pretty much agree with most postings here that see a self-reinforcing decline that will feed on itself downward. It is the perfect storm, and there is nothing the government can (or should) do to try to prevent it. The market forces will prevail in the end.
Deadzone: C’mon, tell us what you did and how much you made doing it. What is your suggestion now?
