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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.63

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Nov 19 4:00 PM EST

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To: bobby beara who wrote (15699)	6/3/1999 9:33:00 AM
From: j.o.	Read Replies (1) of 99985

>>>>>>>>>>>In SoCal, Real Estate has recovered from the 90's lows but has in no way shown any type of excess here. In order for the Prechter bubble top i think we need both (gotta include the left coast -g-) We need to build a bigger building in Las Vegas or New York, then we can go 300% short -gggggggg-<<<<<<<<<<<<<<<< Hi bobby - I think that you need only turn your real-estate valuation meter up towards San Francisco in order to be shocked! That's the beating (overheated) heart of the new economy, and the housing prices there are amazing. ..and if you're looking for the "bigger building" in Vegas, look no further than Bellagio, and the other multi-billion$ mega-resorts! For me that is sign enough...they're not taller, but the over-the-top luxury there has got to be a sign - namely STOP! <gggg>

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