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Strategies & Market Trends : Strictly: Drilling II

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To: Victor Lazlo who wrote (27361)2/3/2003 9:35:09 PM
From: LLCF  Read Replies (1) of 36161
 
<That's your opinion, or do you have a crystal ball? Lots of people own their houses outright. Tough for me to see how those folks would be caught in illiquid negative equity real estate. >

I dont' think you need a crystal ball other than to acertain how low prices could get. The loan and refi numbers are quite large over the past few years.

DAK
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