How NOT to Time the Housing Market

Ha ha! Great chart from the Calculated Risk blog (You don’t mind do you, Bill?). Amazingly, the arrows are depicting a true position. Lucky (dumb luck) for me I bought and sold in the same month—Oct 2006. Five years ago this month.

The chart looks ominous in my opinion. Have you ever heard of a dead cat bounce? How about Enron? There you have it.

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