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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (13288)7/6/2001 1:10:07 PM
From: Leland Charon  Read Replies (2) | Respond to of 18137
 
Alan (and John),

Stop you guys are scaring me (ggg). Actually I have heard about quite a few people who have sold their homes lately and locked in their inflated gains and are now renting and waiting to see what bargains may arise. I sure wouldn't want to be stuck holding the bag on some of these places.

In my area (a suburb of Detroit) they are building a new high end subdivision . My wife and I walked through their $3,000,0000 model and frankly I wasn't really impressed. I guess you don't get a lot for 3 million anymore (LOL). They said the price ranges for the homes in that sub are going to range from $1,000,000+ all the way up to $10,000,000. I sure wish I knew who was buying those kind of places around here. Some other joker recently built a 22,0000 square foot palace in the same area.

leland