The end of the housing Bubble as we know it

[GlobalFinancier]

http://today.reuters.com/news/globalcoverage.aspx?type=greenspan&src=cms
Click on "30 year mortgages" in the chart.
Mortgage rates have formed a H&S bottom and are projected to go sharply higher.
The end of the housing bubble as we know it. Sit tight, this is going to be a bloody 2006.

 

[prt_systems]

Quote from GlobalFinancier:

http://today.reuters.com/news/globalcoverage.aspx?type=greenspan&src=cms
Click on "30 year mortgages" in the chart.
Mortgage rates have formed a H&S bottom and are projected to go sharply higher.
The end of the housing bubble as we know it. Sit tight, this is going to be a bloody 2006.

I hope you are wrong .....but all my indicators say that this is indeed the situation (although I dont know about "Sharply")