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Non-Tech : The Critical Investing Workshop

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To: seed_partner who wrote (20974)	5/31/2000 6:43:00 PM
From: Jack of All Trades	Read Replies (1) of 35685

The average home price continued to rise despite the drop in April sales, climbing to $208,000, up 2.2 percent from $202,300 in March. I think you guys/gals are missing something here... Notice how the price went UP 2.2% but less homes sold???? That to me says that inventories are low so there would be less homes bought... You have to learn to read past the headlines... Here is in the NorthEast the MLS book is 1/10th the size it was 1 1/2 years ago. The economy is not slowing... IMO Keep an eye on the dollar as it is saying that foreign investors are losing more money by staying in the US market. The dollar must put in a low along with the market to call a bottom... Good luck... Learn to trade both ways... JoAT

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