Originally Posted by
forgot to bid
Cloud's a good word for it. The economy is cleared for takeoff except it's fogged in and it's ORD and the 10-9s were ripped out.
Yeah the housing market where I am is going gangbusters. I'd make money on my house and if I sold it for the comps in the neighborhood I'd make more than paid plus everything we've put into it. And there is pent up demand supposedly throughout the economy from years of not spending money. All good signs but there are plenty of canaries in the coal mine that look really sick.
Sub-prime lending is becoming the law again. After that bubble, there's no bailout left. My personal target for re-shorting is late 2015.