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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (39555)	3/11/2002 3:18:40 AM
From: LTK007	Respond to of 99280

Ork,awhile back you posted a link that led to an excellent post which i then responded to you about; by any chance do you still have that link?? it is a post i want to put in to my files. Here is my post from then <<<To:orkrious who wrote (30518) From: itsallover Saturday, Feb 16, 2002 7:21 AM Respond to of 39663 from your link<Nobody but you. Conversely, when lenders are offering easy credit, 125% financing, the lowest interest rates in 40 yrs, etc., this is about as big as the pool of available buyers is going to get. No one knows where the exact saturation point is, but it will come.> but we do know, yes,it will come,and what will be vicious about it,it will be sudden, a massive turning,an on the dime turning.So people can be hyping about consumers great spending right to a point when these people betting on this evidently infinite continuum of upclining consumer spending will get the shock of their lives when the continuum turns into a potential sinkhole.>> update--that was my worse case scenario BUT now as Greenspan has expressed his concern on this issue,perhaps he can head off such an abyss by disciplining consumers NOW(3/11)