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Strategies & Market Trends : Bear!

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To: Terrapin who wrote (59)5/4/1998 4:52:00 PM
From: Worswick   of 271
 
So. John do you remember the 1970's movie "Fun with Dick and Jane."

The film is about a couple who are having hard times after a market decline. They bought a house bought on speculation in the 71/72 bubble market that would never end(supposedly).

The film opens. A couple sleeping in a large double bed. POull back all that is in the rooom is the bed. Tghe room is absolutely barren. As the couple lie in bed they hear a noise in the back of their house.

Feature face at window: The pool guy has come in with a big truck and he is taking out their pool. They go back to bed they hear a whiring noise in front a little later.

Feature face at window. The guy they bought the lawn from is rolling up the lawn and putting it in rolls like carpet on his truck and he drives away.

A little later a knock at the door.

FEature Dick half dressed blking in the light. Dick and Jane are told to get out of their house because it has been foreclosed by the mortgage holder.

A little later Dick and Jane take to robbing banks.

Moral lesson #346: Who does the mortgage holder sell the mortgage to now? Who has any money???

Threadsters Remember: "ALL DEBT MUST BE REPAID EITHER BY THE PERSON WHO LENT THE MONEY, OR THE PERSON WHO BORROWED THE MONEY...the immutable law of economics. C.V. Meyer

My best,

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