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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (163165)5/1/2002 1:59:02 AM
From: KeepItSimple  Read Replies (2) of 436258
 
You're looking at it the wrong way.. If owner occupied housing market is at its lowest level in 36 years, that must mean they're at the bottom and have nowhere to go but up!

It's clearly very bullish! You have to remember that the primary trend for all financial and economic markets is UP in perpetuity. Every dip is a buying opportunity! If you wait long enough, theglobe.com WILL return to $380 per share. It's just a matter of being patient enough and promising yourself to never sell- like a good patriot.

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owner-occupied houses dropped 13.9% to 376,992 units in the year through March, the first fall below 400,000 units in 36 years.
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