Shorting the Housing Bubble in Australia, page-121

well, last week it has failed to reach $4.39's miserably.... and you can see now that $4.35's are becoming a resistance....

I think it's a sucker's rally and has little energy left in it.... the stacks of contracts going against it is growing and when the energy is once released again, it could be as strong or stronger then what we've seen from MAY..... IMHO....

There are too many clues to the market, bubble, industry and the whole economy on how easy money this is to be made.... and yes, goes against most of the sheep which is the sad but, inevitable ever repeated history and story.....

cheers

T10