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

To: JBH who wrote (75845)	4/24/2001 10:12:20 AM
From: Ibexx	Read Replies (1) \| Respond to of 99985

Looks like Monday may have been a bear trap, in addition to unwinding of the activities from options expiry week. Ibexx

To: JBH who wrote (75845)	4/24/2001 10:15:13 AM
From: seminole	Respond to of 99985

OT <<< Curious when some may think the banks will begin to come down on home mortgage rates. Looking to buy a house soon but have been holding off until I can possibly get a better rate in the near future. >>> IMO, 7 percent on a 30 year fixed is a good rate. I would never let interest rates determine my purchase of a home. You buy the home you want and if rates go lower you refinance at a lower rate. I am waiting to refi and cash out. Rates have not come down lately because the system is filled with refi business. There is a good chance rate will hit 6.5% (0-1 points) this summer after the refi backlog is worked off.

To: JBH who wrote (75845)	4/24/2001 11:10:45 AM
From: tony	Respond to of 99985

I think real estate will drop as 1) too many layoffs 2) cut in wages 3) so many people are going broke because of energy crises as we live in free country and let sharks suck the blood of working class in the name of free enterprise. hail to the thugs in white house <VBG>. If I were you, I will be on look out for the house and buy if i get the right one but there is a possibility that it may still go lower. IMHO.

To: JBH who wrote (75845)	4/24/2001 11:24:00 AM
From: gc	Respond to of 99985

worldwide recession is looming. you may get it much cheaper later.