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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (5857)	10/4/2002 1:28:00 AM
From: Jim McMannis	Read Replies (2) \| Respond to of 306849

RE:"Your comment about the Naz is as valid and any. It's just 40 years is a long time. If I'm correct in thinking a generation is forty years?" Well...when the market crashed in 1929 it took until 1954 to recover it's losses. I used the example this time of the NASDAQ index rather than the DOW which is how that recovery was measured. The best hope we have is that the DOW will stabilize and the NASDAQ just turns out to be an anomoly. I wouldn't bet on it though. We may have to go full cycle and that includes Real Estate, deflation etc. A generation is generally considered 25 years. At least in the past it has been. Jim