Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (64478)	6/2/2005 10:03:15 PM
From: Maurice Winn	Read Replies (1) of 74559

Ahh, the good old days. Once upon a time I spent many hours playing chess. So you guessed wrong, again. <my shorting of paper real estate was concurrent with pending sale of physical real estate. Now that the latter is done, I in fact can increase my position in the former. Thank you for the reminder> You are welcome. Today is even better to do so than a week ago. I see it is not inevitable that the housing bubble will have popped by Jan 2007. <If not, my other goodies> I am droolingly tempted to leap into that no-brainer short of USA housing companies. The phrase 'no-brainer' always makes me nervous though. It looks like a much more spectacular version of the biotelecosmictechdot.com bubble, without the redeeming merit of a whole new technological world being developed. Mqurice

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