Smell the finger

LICComment/JuiceMan spread Riversider's butt cheeks, stick your finger in it and ask someone to smell the said finger, and then ask them what it is. Now keep going, do that with pertridish, ericho, Jinmnutz, jsmithers, NWT, ph41.... Bet 100% ppl will state, that smells like "sh*t!" 1) greatest nyc re bubble just passed (2007/1st qtr 2008); 2) 20% down w/o even trying; 3) the very first batch of foreclosure being perfected in the next 6 months in nyc; 4) de-leveraging continues unabated; 5) all economic indicators point to continued slow slog. Now all the RE BULLZ can argue who's finger smell shittier, but the fact remains it still smells pretty shitty to me.. enjoy the deflation trap on your leveraged POS purchase..... NEXT stop 2004 prices.