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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (37142)	12/4/2000 12:49:59 PM
From: ru2	Read Replies (2) of 42787

Yesterday I spoke with a real estate Agent from Silicon Valley. He said the difference now from a year ago is that a year ago when a house would go on the market no matter what the price, a dozen people would try to out bid each other. In the mid summer only 4 or 5 people would try to out bid each other. Now people are not trying to out bid each other, but prices have not gone down yet. He still had money in the market and seemed concerned, but only in a theoretical way. No fear at all. At the end of Sept and start of Oct. LOT'S people were in the public library using Value Line and IBD. People were almost fighting over the back issues of IBD and Value line. This went on for two weeks, then nothing. I think this was upper middle class money that had more on the ball than Joe 6 pak, but no where close to the savvy traders on this thread. Of those that I talked to, all of them seemed to have the attitude that there was the usual season rally coming and they did not want to miss out. No fear. <G> Now after a really bad day one or two people will come in to look at back issues of IBD. Ru2

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