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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Doo who wrote (30845)	10/20/1999 8:26:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 99985

OT My buddy is the finish carpenter on a home on Winnipisaki (sp) $4M and these guys will be lucky to see $1M resale. Ex CEO of Compaq same thing, but when CPQ to a dump he slowed down, although he does have a $1M rock wall!!!! I've been wanting to buy the last 14-16 months I have watched the price go fron $75/sqft to now $110/sqft... It seems every time I call on a house it's sold 2 days after on the market and the agent says we have another but it's $5K more... This is in southern NH...

To: Doo who wrote (30845)	10/20/1999 8:41:00 PM
From: Terry Whitman	Read Replies (4) \| Respond to of 99985

I think the Real Estate market has already peaked in my neighborhood, here in Indiana. Houses are not selling- It is only a matter of time before they lower their prices. Some trends may not start on the coasts. <g> I'd like to hear if anyone sees their local real estate markets falling. This may sound simple minded, but a big clue to spot the back side of the top is to check the yard signs on your way to work or wherever you travel regularly. Lots of signs staying in the yards for extended periods is a give away. Lots of empty commercial space is another. They go hand in hand. We could possibly spot the beginning of a nationwide trend if enough people responded. The great Fed that saved the world will ultimately bring back inflation in a BIG way. They probably won't tell you about it though. I will be snapping some cheap real estate up with the cash I've saved and earned in the stock market. Also plan on cashing in a bond fund soon. I think you definitely have to sell the rallies in bonds as well as stocks now, BWDIK. I do like metals, and will be buying them on rally starts. PS- There's been more money lost in real estate speculation than everything else combined, including stocks. regards, TW