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To: pater tenebrarum who wrote (66077)2/8/2001 6:46:24 PM
From: robnhood  Read Replies (2) | Respond to of 436258
 
From bear forum--
<<Now we see a lot of comment about how bullish the advisory services are (61% and
counting) However, back in the 1960s the number went well above 65%-70% and
stayed there for months while the averages crept higher. Therefore, we might consider
this possibility before putting too much stock in a single statistic. In a similar vein, the
"commercial" short position has been referred to as being bearish, yet the market has
refused to crater in the face of that for many months now. Perhaps, this short position
represents an offset to some derivative connection to the NAZ which remains a
ridiculous "plaything" with plenty of air left in it. >>



To: pater tenebrarum who wrote (66077)2/8/2001 7:09:57 PM
From: Box-By-The-Riviera™  Read Replies (5) | Respond to of 436258
 
Shrub thinks negative talk is jusssssssst fyne...

guess he hasn't had abby over for counseling. btw: that tax cut of 1600 avg has a string: you must spend it!

big deal!

dailynews.yahoo.com



To: pater tenebrarum who wrote (66077)2/8/2001 8:39:58 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Millenium's First Recession (via that other 70's forum)

hoisingtonmgt.com



To: pater tenebrarum who wrote (66077)2/8/2001 9:42:47 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
There's also not nearly the stigma of default, or much worry on the part of banks to seize properties... local laws apply of course, and banks generally have no freakin clue about what to do with assets once they foreclose. Better to be a BIG borrower ala Trump and others, that way Banks are scared crapless to take all your 'stuff'... probably afraid how little is really there.

DAK



To: pater tenebrarum who wrote (66077)2/9/2001 10:03:06 AM
From: awi  Read Replies (1) | Respond to of 436258
 
Heinz, not in the Netherlands...i.e. till last year when mortgages could cover >100% and at the same time people could reap the benefits of tax deduction of interest (max. tax bracket 60%)...These days this type of consumer credit is not tax deductable anymore.