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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (35490)	6/28/2003 11:51:23 PM
From: Ilaine	Read Replies (2) \| Respond to of 74559

Hi Jay - if I were you, I'd be mildly puzzled at the resilience of the US economy, as I am mildly puzzled at the resilience of the Chinese economy. I keep reading in the Financial Times (of London) that China is going to devalue but I don't believe it. They've been saying that for years and I think it's wishful thinking. Anyway, selling short isn't working. Gold isn't working. No quick fixes. Our house value has approximately doubled since we bought it, September 1999. We're refinancing again. First 8%, then 7%, then 6%, and now 5%.

To: TobagoJack who wrote (35490)	6/29/2003 12:59:38 AM
From: Snowshoe	Read Replies (2) \| Respond to of 74559

Greenspan made me do it! I'm fresh back a trip to the car dealer, where I impulsively bought a brand new Subaru Outback. And thanks to the wonders of hedonics, I got a lot more car for the same amount of money compared to six years ago. It was fun to watch the salesman's face when I declined the 2-year 0-percent financing, and opted to pay the balance from my money market account. So I explained the danger of "breaking the buck" to him. See ya later. I've gotta go spend some more money before it vaporizes. -Snow