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

To: TheStockFairy who wrote (11246)	6/17/2003 7:35:05 PM
From: J. P.	Read Replies (1) \| Respond to of 306849

Gotta feed the ducks when they're quacking, and all that. Some of those people are liquidating. If the stock is falling, the stockholders would scream bloody murder, when the stock is rising nobody notices. We can't be too too far from the end game here. My guess is the Feds squeeze two more rounds of refinancings out of the sliver of interest rates that are left. By that time, Capex spending should pick up, and they can pull the rug out and Voila, you have bagholders (fnm, fre, taxpayers, mortgage holders) but the corps skate for free, on the backs of the bagholders.