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Belgie24

12/06/09 8:37 PM

#638905 RE: Smart_Money #638904

The problem I see with SRS, which I have been following the entire year, is that despite all the calls for SRS to boom over and over, it has not. The technicals have trumped the fundamentals to the full extent of Dr. Hed's proclamations.

I soured on SRS's prospects a few months back, when I viewed the ease with which the commercials were able to float placements and raise all the money necessary to withstand the crisis.

Money talks, and the commercials have it, so I really don't think SRS will go anywhere unless something changes with the equation.


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fabian

12/06/09 10:13 PM

#638909 RE: Smart_Money #638904

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