Dissipate
Diamond Member
- Jan 17, 2004
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Originally posted by: Cattlegod
I totally agree with you that the housing market is going to continue to decline until that time frame. however, that information is available and public. This means that it should already be built into the stock price. The only thing that would change is if it ends up being worse than we think.
You forget that the stock market right now is being propped up by the bailout plan, which will be an utter failure as long as home prices continue to decline. Not only that, but a number of 'experts' keep saying that the housing market is at a bottom or near a bottom, which is completely false.