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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Timelord who wrote (269)2/25/2001 11:47:53 AM
From: BigBull  Read Replies (2) | Respond to of 23153
 
Yes the continued strength in real estate is quite breathtaking. I am toying with the idea that this great flood of money being offered up by the green one will ultimately end up in hard assets rather than financial ones.

But that would require me to make a huge secular call! gulp.

Anyways, I am posting this article primarily for the info it presents re insiders. Even after the huge debacle in tech stocks we are not seeing the insider buying that is consistent with a major bottom. I find this shocking as one usually sees these folks flood the markets with buys after 40, 50, 60% declines. Buy the dip may be behind us. Hell these guys aren't even buying the crash! <g> This may be an early warning that an important shift may be taking place in how folks view financial assets going forward.

cross-currents.net

This could, of course, change in the coming weeks and months and thus bears monitoring. This is one of my own personal favorite indicators that a major bottom is at hand.



To: Timelord who wrote (269)2/25/2001 4:03:29 PM
From: Rustee  Respond to of 23153
 
Timelord - Why not sell now and lease back till June. easy to do in a hot market.
regards, R