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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (13233)	8/1/2002 5:04:51 PM
From: techanalyst1	Read Replies (1) \| Respond to of 57684

That is how a housing slowdown always begins. And same thing happens every time.... the builders claim all is well because they can sell houses farther down the food chain. But ultimately the rise in homes is dependent on how much the bottom of the food chain can afford to buy. Eventually the cyclicality of the market takes over and the builders look like fools wondering how come this time it wasn't different. The problem this time is that the economy is holding up because of housing and it's trickle down buying. So I hear that Disney is saying there is weakness in forward bookings. Only one way I know that can happen since last year included time right after the wtc and surely they had to have lower park attendance then and it's if a consumer spending slowdown is already upon us. TA