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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (16603)	8/24/2001 9:54:08 AM
From: Casaubon	Read Replies (1) \| Respond to of 52237

better yet, buy the first house for inflated cash dollars fresh out of the market, just as supply hits the housing market from all those layoffs. Then, wait for the full impact of many months of joblessness to purchase the second house (for rental purchases, or whatever). Then, at the bottom in the pit of despair, buy all your stock back and do it again. Of course, all you moguls out there are already up to your eyeballs in real estate, so just replace the cheap real estate buys with shorting the market into the ground <ggg>

To: Terry Whitman who wrote (16603)	8/24/2001 10:24:51 AM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 52237

Terry, Re: housing. We don't exactly live in a getto <g>, but one of the houses in our area has been taken over by the bank. We are also seeing the for sale signs staying up and not getting sold. I have not looked into the specifics of what is going on except there is a fair amount of inventory that they are trying to sell. We live in the fastest growing suburb in Minneapolis during the 1990's. I have also noticed for rent signs in the office complexes in the area. I don't know what the definition of rural is, but small towns that attracted board assembly and other semi businesses are devastated. We have some relatives in Altoona PA and they have lost all the businesses that were attracted to the area during the last 20 years. These city governments spent tons of money bringing in labor intensive industries have now gone up in smoke. Rural America i.e. farming communities have been living with a depression environment for so long that it will not change very much. My experience with the grain producing areas is they have learned like the Japanese on how to survive in a deflationary environment. They save and don't buy unless it is necessary. These people in general have their assets paid for and can grow their own food, so the necessities of life are inexpensive. I would not chase the Office or Mall REIT's. I notice Wall Street is trying to entice some bag holders in this area. The last time I bought into this sector was in 1991. Joan