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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.70+0.7%Nov 26 4:00 PM EST
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To: Hawkmoon who wrote (96283)9/2/2017 1:52:06 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

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Definitely, I fully agree... Houston housing start permits are at around 25,000... more than 125,000 homes are destroyed, this means a five year backlog in new homes alone... and 80% or 90% of the people who lost their homes due to flood waters have no flood insurance... the insurance companies will need a federal government bail out, the banks will be in trouble... and the people will still have to find housing, clothing, a place for their kids' schooling, and jobs... the historic data shows that more than 40% of all small businesses shut down in this kind of disaster never reopen... it will be a horrific nightmare for 5 to 10 years before Houston ever returns to any semblance of relative normalcy...

GZ
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