EVOQ Properties Inc.(fka EVOQ)

[drsandcrs]

The collapse ......

You can forget about the future - you need to stay focused on the CURRENT ....

The CURRENT collapse in the 10 and 30 yr ylds (1.70% & 2.75%) is creating a huge CURRENT liability for all local municipalities and the state of CA ... the "unfunded" pension and health liabilites are shooting through the roof ..... as they were caclulated based upon expected annual returns of 8% ..... IMO, this accounting FRAUD is going to hurt CA in a really major way .... can someone say DEFAULT ...

Besides, based upon my CURRENT personal ancedotal survey .... residential real estate prices in CA are collapsing and may just go into a further free fall .... a sub 4% 30 yr fixed mtg can't fix .... who wants a 4% margin account when your portfolio is declining ... nobody .... it's a simple concept .... sell high (that's now) and buy low (that's later) ...

GOLD is collapsing too ... who knew ....

BTW, talking about a collapse is that a $2.25 MMPI bid I see ... wtf ....

The collapse ...