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The only obstacle was the price: a hefty $800,000, which reflected the same upward market forces that Mr. Zeitouni sought to capitalize on.
"Turnover doesn't make a lot of sense unless you're chasing an upward market," said Peter Cohen, a senior vice president at Halstead Property.
For the last few seasons, prices have been steadily rising, and when these sales were being assembled several months ago, no end to the upward market was in sight.
It is in less straight-upward markets that true investing skill is revealed.
The pop up markets have attracted upward of 1,000 people, she said.
This logic requires a different exit strategy for upward-trending markets and downward-trending markets.
Futures for American exchanges are also pointing upward, but credit markets are as jammed as ever.
The borrowing costs of the financially shaky Spain and Italy surged upward as the markets digested the Cyprus news — and the broader implications for the euro currency union".
There doesn't seem to have been any particular reason for most of the massive moves upward in Asian markets last night, other than perhaps a predictable snapback after the massive losses of the previous week.
And he said that Mr. Bush's economic policies, including his big tax cut and his need to use much of the Social Security surplus to pay for the creation of private accounts, would undermine the fiscal discipline that has helped propel the markets upward in recent years.
That is not to say this year's midsummer market is roaring upward like the spring market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com