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To: John F. Dowd who wrote (27574)7/30/1999 1:18:00 PM
From: johnd  Read Replies (3) | Respond to of 74651
 
JFD, Ed, any one else:
Should I be not posting my short term price views?
Should I be posting only my long term bullish views
AND when I feel bullish short term. If this is what
makes people happy on the thread, I will stop posting
for the short term.
johnd



To: John F. Dowd who wrote (27574)7/30/1999 1:38:00 PM
From: DownSouth  Respond to of 74651
 
Insightful John, but I believe that you got two things wrong--the gov't is surrogate to the banks, not vice versa. And, we agree, there was "inflation" of land prices caused partially by speculation but also by use of re as collateral for big loans by major corporations.