Smart Money-Maybe we misunderstood one part of what you were saying. When you said that real estate was going to go parabolic- In normal discourse, when one says parabilic, the assumption is parabolic up.
Did you mean a parabola inverted...down?
If so, why rush it especially when you don't know the timing of when it starts crashing or from how high it might get before crashing.
For that matter, you don't even know if it is going to crash.
The various chart time frames for real estate are either neutral or up.
That is not conjecture, that is reality up to this point.
We do not know if the trend will continue and you do not either.
The difference is, we don't pretend to know and are not gambling on either outcome. The reward/risk is not sufficient to go either long or short IOHO.
Don't worry, the market will tip it's hand and when it does, it won't make the whole move in a day or even a week.
Fabian
