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Strategies & Market Trends : 50% Gains Investing

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To: Sober who wrote (55273)	8/24/2007 11:13:45 PM
From: Dale Baker	Read Replies (1) of 118717

We are still many months from the bottom in real estate; a fact I am counting on since I may be a buyer in a recently bubbled market that is just starting to slide over the edge in price reductions. Happiness is cash, time and good credit in a bad credit crunch. As for the overall market, this week was very different from last week. Hard to believe it was just temporary when the core issue in all this is the functioning (or not) of the credit markets. As long as that engine is not seizing, it's unlikely the panic selling will resume. A serious economic slowdown going forward could start another leg down. But it won't be solely the result of this big fund cluster f*&^ that grabbed everyone two weeks ago.

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