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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (40781)	8/30/2001 10:58:00 AM
From: Cactus Jack	Read Replies (2) \| Respond to of 65232

Nasdaq is sitting on the 1990 trendline. If this breaks . . .

To: stockman_scott who wrote (40781)	8/30/2001 11:32:56 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

RE epicenter is SanFran (SanJose, Marin, Berkeley, SantaCruz) personally I believe we will see regional epicenters in every major metro area NewJackCity Chicago Boston WashDC Atlanta LosAngeles no place to hide on this one been thinking about my old rules that were so relevant in 1999 like "3/8 retracements" after the RE rise from 1981 to 1986, prices fell to give back 3/8 of that large rise the base time now is 1993 in Boston for instance, prices rose by about 85-100% some sections grew faster than others e.g. near major routes, rail lines, good schools, nice ponds, ocean views, office sites could we see a 3/8 giveback in the last decade's rise? very easily that would come to about a 15-20% price decline I doubt it will happen not with restrictions on new building who knows? thanks for the article, Scott sorry to bitch you out two weeks ago for the floods you have been sharing the wealth these days I find myself checking certain stories not addressed to me some rich stories interesting times we live in I still wish I had sold all the effing QCOM back in Jan2k then bought three different 2-family properties then gone on vacation to Italy for two weeks then manage the property and looked for a fun job with less stress oh well, Jim