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To: Ilaine who wrote (83098)1/11/2000 12:59:00 PM
From: Edwarda  Respond to of 86076
 
I agree wholeheartedly. Been there and felt that, CB.



To: Ilaine who wrote (83098)1/11/2000 2:26:00 PM
From: Tommaso  Read Replies (1) | Respond to of 86076
 
I agree, and the person I mentioned gave me a real pain in the ass.

I was just reading messages on this thread, trying to get some sense of which direction the discourse was going, but it's kind of like a sailboat doing endless 360s while waiting for the race to start. To me, the market scene is like watching more and more people walking out onto the ice on a pond, and I think some of us are waiting to see who disappears first. I think all sorts of people are losing their financial minds. I have some friends who are already keeping up a main home and a beach house and who are ready to mortgage the whole shebang to the gills and buy a mountain house and property as well--and they are still in the midst of repairing damage from the last hurricane. A minor shift in property values could leave them with negative equity, owing a $400,000 balance on properties worth less than that. And these people are retirement age. Well, at least they are having fun.