Well said. However, unlike stocks, shorting RE this time...

...may have additional risks, especially for Chinese
Americans.

Jews in Germany made many fortunes in 1923 and again in
the early 1930s. Some of them wanted to protect their
wealth even after Hitler was elected. We know the rest
of the story.

Who will be the most likely scapegoat after RE crash in
US this time?

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富人越来越富,穷人越来越穷! -大费- 给 大费 发送悄悄话 (196 bytes) () 09/03/2006 postreply 21:07:39

回复:富人越来越富,穷人越来越穷! -Pediatrician- 给 Pediatrician 发送悄悄话 (288 bytes) () 09/03/2006 postreply 21:12:08

道理大家都能说,怎么操作,也是个难题啊! -大费- 给 大费 发送悄悄话 (0 bytes) () 09/03/2006 postreply 21:18:09

不难, 现在就是一个难得的机会!! -Pediatrician- 给 Pediatrician 发送悄悄话 (0 bytes) () 09/03/2006 postreply 21:20:49

JPM Chase and GS alone have $150T hedge positions. -gd2- 给 gd2 发送悄悄话 (474 bytes) () 09/03/2006 postreply 21:28:28

How did they get into short position I'm wondering -stockmomo- 给 stockmomo 发送悄悄话 (187 bytes) () 09/03/2006 postreply 21:33:08

MBS as an example. :-) -GD2- 给 GD2 发送悄悄话 (0 bytes) () 09/03/2006 postreply 21:49:02

They blamed job loss to illegal mexicans. -stockmomo- 给 stockmomo 发送悄悄话 (140 bytes) () 09/03/2006 postreply 21:10:33

They have to pick sth, right? Just igorne BS! -大费- 给 大费 发送悄悄话 (0 bytes) () 09/03/2006 postreply 21:20:23

How are u gonna ignore when mobs try to mug u? -stockmomo- 给 stockmomo 发送悄悄话 (76 bytes) () 09/03/2006 postreply 21:24:01

When US consumers run out of money, China's ecn... -GD2- 给 GD2 发送悄悄话 (272 bytes) () 09/03/2006 postreply 21:46:55

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