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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (5461)9/5/2001 9:24:55 AM
From: Oral Roberts  Read Replies (1) | Respond to of 10077
 
Agreed. That is why I hope Jorj is correct on his bottom target. This home price bubble and amount of money financed is rather worrisome to me. If that bubble bursts with any uptick in unemployment it could get extremely ugly fast. Consumer is the only thing holding us afloat right now, without their spending we are toast with a capital T IMO. So much for the wealth effect Greenspan was so concerned with.