The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: vampire who wrote (376)	8/28/2001 12:53:53 PM
From: marginmike	Read Replies (2) of 306849

Just like your friends on Wall street were saying in early 2000? The telecolm business was the hottest thing going, even after the debalacle in other tech sectors. JDSU/CSCO/SUNW kept strong after may debacle. Everyone said LOOK there is a safe haven. Then one day a report came out, a co defaulted etc and WHAM right into the wall. There will be an event that will whack the RE market, we dont know what it will be. When it happens the biz will hit a wall. In 1989 it was the same thing, biz was still hoping the 87 crash was distant history, then WHAM S&L crisis and crash of RE. just remember its not if but WHEN, and why.

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