MyProps.org - E-mail Link

Home

Public Channels

Channel Contents

E-mail Link

Share this Link by emailing it to friends and family. Or return to link.

Link Information

Title:

Housing decline is 1/3 complete and will not bottom until 2012 or later

Description:

Cramer, you're wrong. Housing will not bottom until 2012 or later. So far you have called 3 bottoms in the stock market (one after the Fed cut rates by 125 bp in 8 days, one after the Bear Stearns bailout, and now one after the Housing Bill / SEC naked short restrictions). I can't wait until we set new lows later in the next few months, which will make Cramer 0 for 3 in calling bottoms. If the above graph is right, and we are only 1/3 through the housing decline, by 2012 the economy will be in an absolute depression. The tech bubble followed this same pattern, as all bubbles do, but was only around one FIFTH the size of the housing bubble ($2.5 trillion versus $12 trillion). We all remember the 80% decline in tech. As I pointed out many months ago, the fact that the housing ...

E-mail Information

*To E-mails:
(seperate by commas)

Optional Message:

Verify Human Input

*Enter the code below:

Fields marked with an asterisk *are required.