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To: morokko65 who wrote (43958)	6/30/2002 2:28:26 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

S&P 500 Quarterly Chart -- I think it time to call this 20 year trend finally broken. angelfire.com Nothing special on the chart. Most of the stuff has been discussed already or posted in other charts. (BTW, morokko65, I can not see clearly what will bring the S&P to 500 either, but that's of no importance to me. I did not see what would bring it to 1000 with all the much clarity, yet it happened as many here and elsewhere said it would. I believe we will get to 500. Who knows, maybe it takes 6 or 8 more years. If someone had said to you in 1995 that the S&P would triple in 5 years, I think you'd have found that equally outrageous. It is only this last crazy run that will be wiped out; a mere 5 years of mania. As always, many of us will sing a different tune if price begins to make fools of us. Being wrong happens often enough, but it's being stubborn that's expensive. Cheers)

To: morokko65 who wrote (43958)	6/30/2002 4:54:04 PM
From: Lee Lichterman III	Respond to of 209892

I would love to see your finished study of real estate prices vs income. I think that could rank right up there with the debt to disposable income ratio which I feel is one of the key yet least talked about monsters still floating around out there. Good Luck, Lee

To: morokko65 who wrote (43958)	6/30/2002 5:39:15 PM
From: martin001	Read Replies (1) \| Respond to of 209892

Morokko65 - Good to hear from someone with RE background on the board. Especially in these days where there is so much talk about where the RE market is going. Is it a bubble? Can it continue? What is the driving force behind it? Many questions with serious implications for the economy. I have many thoughts on the subject myself but would be interested to hear yours. I live in the SF bay area and sold my house about 2 years ago - a little early it seems but still at a nice profit. I was looking to buy again but I'll be damned if I chase any of these outrageous prices people are asking (and getting) I will wait until things start to soften up. I know that the national median price has risen substantially over the last few years. But in some sections of the country more so than others. Supply and demand issues are always a factor in the "more desirable" areas like the SF bay. Whats your take on the future of home prices in this area? TIA Martin