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Bulls Peeking Heads Out Of The Trenches?

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Is it just me or have the Halifax figures (which you get the distinct feeling even they are embarassed about) seem to have encouraged some bulls to pop their heads up again?

I notice the new refrains seem to be

* The market is now recovering/stabilising (although they seem to have forgotten to mention what it's recovering from)

* Look at all these STR's losing money (a bit odd given their first refrain which would imply they haven't lost out).

Also how I'm a bit confused how an STR (and I hesitate to point out that I'm not one) can have lost out with annual HP allegedy at 2.3% when the bank savings rate is at 4.5% and stock market performance is 10%+. Maybe a bull can explain that one to me, my arithmetic super powers seem to be failing to help me spot the logic.

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