Monday, October 27, 2008

While 95% of WallStreet pro's are looking for and anticipating a final blow out to the downside tomorrow or sometime this week (the last week of Oct), my take is that beginning tomorrow we will see the US market head back up and with it, bringing an end to the "fear of a Crash" mentality. Although the bear market will continue, the current fear of a market crash should start to disappear after tomorrow.  We should see a big bounce up in the market on Tuesday.

The Housing market, doesn't really see its bottom until Dec or Jan of this year. But with the credit markets poised for a new stock of cash from your tax bill, and a bailout of the bad loans made by "licensed" institutions and individuals starting to be put into place, the housing market will eventually come back to life again.

Of course, those using my flip systems have been able to fly profitably right through this down market since we don't "Buy and Hold" real estate. We day-trade it. Taking ownership with $10.00 and a contract and flipping it in just a few weeks. You can't get hurt when you don't "risk" your money.

Find out more at my homepage.

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