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Here’s the S&P 500 chart for the past three years. You’ll note that most HP’ers went to cash last fall, and avoided the carnage through March. And then many of you have posted here or written me that you’ve gone back in and scooped up some bargains recently. Nice. And of course, a lot of HP’ers made a lot of money shorting REIC stocks these past couple of years. Again, nicely done….
Original Source
18 May, 2008| housingblogs |
@ 12:52
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