Sunday, May 3, 2009

Sorry about that lack of posts folks

I really don't have anything to say.

In my opinion, we are in a temporary stabilisation driven by low interest rates and the realisation that the financial world did not come to an end, despite the irresponsible actions of the elite who run it.

Nothing goes straight up or down and we were due for a bounce, to let some anxious buyers get on board.

I am waiting until after June to see what happens to prices.

I suspect there is a lot of inventory waiting for see firmness to list. If so, being human, they will wait and wait, until the first sign of weakness and then try and unload.

Time will tell...