It's an irrationally behaving market. It's very difficult to figure out where it is going to go.

If this storm wasn't out there, the market would probably be behaving much better.

This market was behaving as if it were an oligarchy. Now our prices are going up and down. That was the intent of the law.

We as a nation are not as oil dependant as we were back then.

When consumers realize they can no longer expect that appreciation bonus to subsidize their consumption habits, they will very likely pull back on spending.

Building 200,000 new residences per year, not to mention the current interest in fixing up existing homes in order to spend new housing equity as fast as possible, will tend to drive this (employment).