Reply #50: Clear thinking is a must in these times, [View All]

[neomonkey]

and I appreciate your thoughts Hamden. I'm not sold on your comments completely, but they do elaborate on some of these concepts which I didn't consider before.

Appraisal must precede panic, I truly believe this.

That said, I do worry that some of your opinions presuppose certain favorable conditions (drafting errors, lack of homeowners assistance in Paulson's present bill) which we have no way of verifying at this point...and given the day and circumstances, is it reallly wise to bank on this with such a blind, optimistic eye?