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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (19565)12/27/2004 2:09:15 AM
From: Rational  Read Replies (1) of 116555
 
That is your theory and you are entitled to it until it is proven wrong.

So my theory has not been proven wrong, contrary to your previous assertion as follows:

Therefore your theory has already been proven wrong.

To be sure, my "theory" admits downward adjustment of prices depending on local economic condition. This "theory" merely contests wild assertions that there is some secular real estate price bubble waiting to burst to cause wide spread gloom and doom.

A big force acting in my theory's favor is that large money lords cannot short-sell real estate (except builders' stocks) while spreading gloom and doom to profit from manipulation as they do in stocks.
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