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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (54076)	7/25/2002 10:27:19 AM
From: Dealer	Read Replies (2) \| Respond to of 65232

You are a very smart man Murrey! dealie

To: Murrey Walker who wrote (54076)	7/25/2002 10:00:06 PM
From: Percival 917	Read Replies (1) \| Respond to of 65232

Hi Murrey, I have also been on the sidelines in cash the past 12 to 18 months. As I have watched this market unfold, it first appeared to be very similar to 1987. More recently it is looking more like 1929. I know a lot of people who are getting out or have gotten out and many if not most are investing in real estate. From what I have read, this was a very similar scenario to 1929. What happens to real estate when interest rates start back up again, which they will have to eventually. If real estate's bubble takes a hit, what is left??? Worrisome times to say the least. Just my two cents worth; actually make that one cent worth.-ng Later, Joel