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

To: MSI who wrote (7634)	12/29/2002 10:33:55 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

is this a recent article? I don't see the year, it seems like it is recent because wcom is mentioned however. man from the National Credit Council who was talking about the number of Americans who were borrowing off their credit cards to buy stocks. It's a record percentage now. This can't be accurate. Trading volume is 1/3 of peak. And there is no way that I know of to prove this, but my sense is that individuals are completely gone and the remaining 1/3 that are left are the institutions who have always been in the mkt. So, for individual investing, trading volume is probably down more like 90%. Lizzie

To: MSI who wrote (7634)	12/29/2002 11:02:36 PM
From: Les H	Respond to of 306849

"People have been encouraged or duped into stripping all the equity out of their homes," said Liz Ryan Murray, a program officer with the Home Ownership Center, a consumer advocacy group in St. Paul. startribune.com

To: MSI who wrote (7634)	12/30/2002 7:54:33 AM
From: Micawber	Read Replies (1) \| Respond to of 306849

What a ridiculous article, full of bearish anecdotes with no factual backup. And he charges seven bucks a month for this garbage? That's the same price as Wall Street Journal online -- except Al Martin Raw is packed with REAL useful and useable information about How the Real World Works. Yeah.