The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (86568)	8/22/2007 1:42:45 PM
From: Think4Yourself	Read Replies (2) of 306849

We just had a thousand point drop in the Dow based on housing, the builders have lost two thirds of their value in the past few years, foreclosures are at an all time high, companies are going belly up right and left, the Fed is scared, foreign countries are nervous, and housing is going down nationwide for the first time since the depression. You are talking about a few stocks that might make up 2% of the economy, at most. It is pretty clear that you cannot see the big picture. CSCO, RIMM, AMZN, and GOOG are not the economy. Only one even has a significant presence in Michigan, and that can probably be said for most states. Let's put this in perspective using Revenue CSCO: 35B GOOG: 13.4B RIMM: 3.5B AMZN: 13B Total 64.9B Wow, sounds impressive. GM alone: 192B

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