Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 175.02

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Dec 12 9:30 AM EST

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To: LTK007 who wrote (41838)	3/30/2001 1:29:38 PM
From: ajtj99	of 56535

Max, what I was trying to say in my post about real estate values in California was that the real estate market there is much more cyclical than the rest of the country, with the exception of the Northeast. I don't have charts or graphs, but if you ask anyone who has national real estate business (Like General Growth Properties) they will confirm this. It is not a question of is it directly related to tech, but the nature of the cyclical businesses that are located in California. Remember how the military cutbacks hurt California a decade ago? That is an example. A good friend of ours has been moving back and forth to California for 2-decades (4-moves) mainly motivated by real estate values (buy low, sell at the peak).

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