Profunds index and sector trading

[was Steve]

i disagree and tahts okay as neither of us is trying to change anyones mind. i just know from talking to a few friends that are in banking, that the last thing in the world a bank wants is to own real estate. if foreclosures go up faster than investors ability to buy them from the banks, the prices in real estate will start to tank. this would not be an environment for stable or rising prices. check it out. give a local bank a call and ask to talk to someone in their foreclosure area

as you said if it does get bad enough, the gov will step in again to bail out the banks like they did in texas and other states in the past. by thattime, local prices would have lost 20-30%