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alstry (35.16)

Market Rallys on Market Crash????

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March 23, 2009 – Comments (6)

Stock Market Rallys on This????

WASHINGTON (MarketWatch) - Sales of pre-owned homes rose 5.1% to a seasonally adjusted annual rate of 4.72 million in February, boosted by "deep price discounts," the National Association of Realtors reported Monday. It was the largest percentage gain since July 2003.

Could you imagine this Headline.....

Housing Market Rallys on Stock Market Crash with lots of people panic selling??????

The sheep keep marching on and on and on.....

6 Comments – Post Your Own

#1) On March 23, 2009 at 11:15 AM, StatsGeek (29.22) wrote:

Existing home sales up 5%.

INVENTORIES UP 5% TO 3.8 MILLION UNITS.

Which of these is more important? I don't know why it is that I continue to be amazed at how the sheeple keep gobbling up the guano that the media spoon feeds to it.

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#2) On March 23, 2009 at 11:22 AM, russiangambit (29.16) wrote:

The current situation reminds me the summer rally quite a bit. I was getting really nervious in August about the whole situation. And the government "stock protection squad" kept coming up with good news every day.The market finally crashed in mid-Septmber. Not that I am rejoicing at the fact. But I prefer the truth to false cheerleading. Only knowing the truth one can invest profitably.

Anyway, based on that summer experience I think we have about a month to go  before the crash.

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#3) On March 23, 2009 at 11:29 AM, StatsGeek (29.22) wrote:

Fool me once, shame on you.  Fool me 500 times, I'm just the average American.

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#4) On March 23, 2009 at 2:02 PM, Varchild2008 (83.69) wrote:

Michigan jobs are constantly getting slashed all over the place.  The population of Michigan continues to dwindle as citizens flock elsewhere..typically deep south...for employment.

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#5) On March 23, 2009 at 2:53 PM, alstry (35.16) wrote:

VAR,

People are now scrambling out of Florida...pretty soon everyone will be scrambled eggs.

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#6) On March 23, 2009 at 3:29 PM, alexpaz (28.87) wrote:

you better cover Alstry you big fallible idiot

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