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To: patron_anejo_por_favor who wrote (198222)10/17/2002 1:51:27 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
this thread isn't shorting is it?



To: patron_anejo_por_favor who wrote (198222)10/17/2002 2:02:56 PM
From: NOW  Read Replies (4) | Respond to of 436258
 
Bill Gross is conspicuously quiet isnt he?



To: patron_anejo_por_favor who wrote (198222)10/17/2002 2:51:34 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
it'd be over anyway ...everybody has already built or is building a house that is too big or a second house -- they'll all be repriced lower -- low rates have distorted everything.

I don't care if rates go back to 5% -- and at some pt they probably will. Ignorant banksters!! -- refis go to debt service, they've caused NO expansion whatsoever -- except for govmnt spending the economy is cratering ... gotta laugh at them using these housing starts to squeeze the homies --- last blast ... the whole bizness is coming unwound

Even bears don't escape this -- all the costs of this foolishness will be socialized. Unless you drop out of the tax system and convert all your USDs, you won't escape.