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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 26 4:00 PM EST

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To: Giordano Bruno who wrote (31758)	10/28/1999 9:39:00 PM
From: Les H	Read Replies (1) of 99985

bloomberg.com He missed the fact that the boom really caught on after Congress repealed the cap gains tax on housing in 1997 and the resulting boom in sales and refinancing at lower interest rates thanks in large part to Asia. People spent and invested the windfall from the housing market.

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