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


To: Jack T. Pearson who wrote (52402)5/27/2000 5:18:00 PM
From: sea_biscuit  Respond to of 99985
 
Much of it is in the rear-view mirror. A recent TV program showed that home sales have fallen in recent months. Possibly because buyers are no longer in "panic buying" mode. Indeed, they interviewed one man who is anxious to sell his house while the prices are high.

The tide is turning...



To: Jack T. Pearson who wrote (52402)5/27/2000 7:57:00 PM
From: Mike Hermann  Respond to of 99985
 
I wouldn't touch it with a 10' pole.



To: Jack T. Pearson who wrote (52402)5/28/2000 12:17:00 PM
From: yu  Read Replies (1) | Respond to of 99985
 
Jack,

My thoughts exactly!
I actually told my wife several times in the last two days
that I wish there is a way to sell some covered calls for
our home. ;-)

I came to the valley in 89 and bought at the peak of last
real estate boom here. So I know how bad this could be.

Another thing is this boom may generate extra credit for
the existing home owners to play in the stock market.

yu