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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kendall harmon who wrote (63021)9/24/1999 11:37:00 AM
From: puborectalis  Read Replies (1) of 120523
 
WHERE"S THE HEATED ECONOMY?.....U.S. home sales down for second month in a row
WASHINGTON, Sept 24 (Reuters) - Sales of previously owned U.S. homes dropped sharply in August for the second month in a row as higher interest rates helped to cool the housing market, a realtors' group said on Friday.

The National Association of Realtors said that existing home sales declined 2.8 percent last month to a seasonally adjusted annual rate of 5.25 million units after a drop of 4.1 percent in July.
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