Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Silver_Bullet who wrote (12502)	6/24/2003 1:07:19 AM
From: SilasSan	of 13094

Gentlemen, unfortunately my thoughts are as short as my body parts. OK, it looks to me as though houses priced in $CREDs are not in as great demand as those priced in $USDs. But the demand exists nationwide. The housing industry is strong (for now) and Americans still save up the down payment to buy houses in which to live -- and they are even more affordable with lower interest rates -- and low interest rates encourage builders.... In some places conspicuous consumption in the housing industry is suffering a tad -- OK, BFD. So California is moving towards million dollar homes with a view of the neighbor's bathroom and a driveway shared by four huge houses on tiny lots. The demand is still there. Sure it's stupid. And, it's gonna crash, someday. But I'm not gonna cash in my half acre for the capital gains exemption right away. Are you?

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