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I really like your posts, OldTrader. Food for thought: Look at it over a 3 to 5 year period and you might get a different answer. I'm not a chartist, but I've found that you can get different answers depending on what duration you're looking at.

>Anyone with more than 66% of the current value of his house in debt and no other assets would be bankrupt if the value of his house fell by a third. I have no statistics, but with all the stories of zero-down mortgages and home equity loans, I bet there are a lot of Americans in this precarious...

I've been looking for experienced and informed traders like you guys to bounce some ideas off of. This thread is really good and I stayed up way too late last night trying to read everyone's input. A few points I'd like to make: 1. Whenever there is discussion or articles about the real...