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Strategies & Market Trends : Classic TA Workplace

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To: velociraptor_ who wrote (27413)	1/10/2002 12:36:03 PM
From: The Freep	Read Replies (1) of 209892

Velo -- I agree we're close to the interest rate lows. However, all those folks who've refinanced/taken equity lines/bought new homes are probably gonna feed the Lowe's and HD stores for awhile, aren't they? I mean, that new money they've got/are getting isn't gonna go to SAVINGS is it? Not that those stocks aren't overvalued, of course, but saying that the refinancing is gonna slow is true. . . but all those that refinanced and are saving a few hundred a month will continue to save that few hundred a month going forward. the freep

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