Profunds index and sector trading

[was Steve]

imo the last thing in the world the banks want is to be owners of houses. too much risk. they want to sell for as much as possible ill give you that. BUT, if forecloseures start rising if things get stinky, banks will take what they can get at auction and run. better to get a fair price today than to carry it on the books and pay for upkeep along the way. home prices will fall in such an environment

heading out soon, catch you on the flip side