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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (17963)	4/8/2002 8:31:50 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 74559

funny you graduated from havard and are fooled continuously by the data points you post. are you a mad dog or an englishman?

To: AC Flyer who wrote (17963)	4/8/2002 11:47:45 PM
From: Ilaine	Read Replies (2) \| Respond to of 74559

AC - don't let the bastards grind you down. Consider the source. People who are filled with hate breed hate. That has nothing to do with the free market. In the free market, ideas win or lose based on merit, not on who is pushing them. It is impossible, literally impossible, for bad ideas to win, long term, in the free market. If you believe, as I do, in the free market, the free market of ideas, the free market of trade, then forget the silly bastards and soldier on. cb@thisladysnotforturningeither.com

To: AC Flyer who wrote (17963)	4/9/2002 4:31:06 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>She points out that the average cash-out refinance is $34,000. Yet the median home price is just $150,000<< and >>fooled by this kind of phony linkage of two independent data points. << you mean to say there's no correlation between the two variables? Or that there's J6Ps who have houses and pay for them without touching the equity, and then there's J6Ps who just bought the house to cash in? Im not touting you, Im just curious - you call linking the two baloney & BS, but provide no arguments. In any case, there ARE two things out there, the home prices and the equity take-out, that can be measured and they do pertain to the same thing (to J6P's home). IOW they have something "in common". Even if they dont correlate (iow r=0). btw 100% correlation would be the best for everybody involved (BillG can afford it and Homer Simpson cant or at least should not). My guess - there's a significant (although rather low) !negative! correlation. Which may make it even worse for low-income J6P if things sour up for him and his family. It's still just a guess - anybody offer some real numbers on that? dj