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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: lbs1989 who wrote (3516)	3/1/2003 11:09:58 AM
From: Jim Willie CB	Read Replies (3) of 5423

establish the 10 parallels between Real Estate... and tech stocks in 1999 - value pumped by analysts - buyers reinforced by plentiful dumb money - income not verified - appraisals dictated - everyone needs homes - secondary buyers are easily lined up - hard asset status as illusory as intellectual property - new supply coming online steadily - bright future as far as eye can see - etc if he doesnt understand, then let Darwin strip him clean evolutionary victims are legion on the roadside real estate will soon become a stagnant large land NEGATIVE HOME EQUITY WILL BE A MAJOR STORY IN 2004 OR 05 / jim

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