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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Kelvin Taylor who wrote (48351)5/30/2003 10:32:12 AM
From: Beachside Bill  Read Replies (2) of 53068
 
Well I am still out and over 80% cash. Must be an election year about to crumble. I give housing no more than two months before it starts crashing. Apartment occupancy is too low to provide anymore real demand in the future. Mortgage rates have eaten up pent up demand from the 1999 and gone beyond in the next few years of demand. Time to raise property taxes, it's next.

Now let's see, the president will create 250,000 new jobs even though we lost a million since the first of the year. Add on the millions in RE and homebuilding layoffs to come and whoopee.

Just give me a signal to short.
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