According to our elliot wave analysis, the US housing bubble has finally come to an end. This will spell out total destruction of most risk assets, so it's a good time to invest cautiously.
It won't take investors long to realize what is taking place. They are leveraged 10 to 1 on their real estate bets, so even a 10% move down starts sending margin calls out, and we see a liquidation cascade of epic proportions. They will also start to realize that real estate is a COMMODITY, and that commodities are NOT investments, because they only go down over the long term.
Thanks for playing.