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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (904)	10/6/2001 2:06:05 PM
From: marginmike	Respond to of 306849

ive heard the same thing about LI as well.

To: Tradelite who wrote (904)	10/7/2001 7:04:54 AM
From: Tom Gordon	Respond to of 306849

Tradelite, as I've lamented before a month or so ago, the home builders that posted record earnings and revenues were the ones to short , my favorite was Pulte, it was trading around 37.00 then, currently down a bit I'd say. Those suppliers? It's a crap shoot there, as people resort to remodeling not to new homes in uncertain times. The Fed is swimming upstream against a violent current to keep these real estate markets afloat.When you hear that screechy little "American Equity Mortgage" voice on the wave lengths countless times, leads one to believe that this is where the real $$$$ is made because of the huge personal debt over hanging the economy like a shroud of WTC dust that won't go away with any short term fix.( just like that squirrely little voice in that ad) A Sun. morning musing, has anyone noticed how Geo W. has been warning that the strike day on physical war is just a day or two away. His affirmations of calm and praying for a speedy recovery from all of this is being conveyed almost on a daily basis. This is really grave, as this could virtually turn out to be something of a horror show as these bombings of airplanes persist, the Saudi bombing yesterday, the Florida anthrax death, the Greyhound bus incident and a myriad of other unknowns are occurring daily. Will this strike exacerbate this situation ? You better all go to church and pray that this doesn't drastically change our ways of life forever. In North America we are fortunate to have two days of Thankgiving to celebrate, lets use them both to our fullest of benefit. Regards,Tom.