{+} SilenceU

What Will the Fed Do Now That Rates Are at Zero?

On Jan 02 12:25 AM Donnie B Good wrote:

> I see the housing bottom taking place in Nov of 2012. For the next
> FOUR years, we are going to see not blood in the streets, but the
> patient slowly bleeding to death over time.
>
> However, I do see the S&P dropping to 500 by the end of 2009.
>
>
> CASH is king for the short term. And forget shorting, that game is
> rigged. Look at DIG and DUG for proof.

While it will bottom in the near future, i'm pretty sure it wont be that far away, but actually in the time of a few months. Seeing those hit with teaser rates, will be getting hit hard when their attempts to refinance starts this year up until 2011, so by the time we hit your prediction we will already be moving onward from that collapse.