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

To: nextrade! who wrote (14079)	9/30/2003 9:14:56 PM
From: biometricgngboy	Read Replies (1) \| Respond to of 306849

Ford may cut up to 12,000 jobs Chrysler also set to take steps to eliminate several thousand jobs, newspaper reports. September 30, 2003: 7:46 PM EDT money.cnn.com

To: nextrade! who wrote (14079)	9/30/2003 9:42:36 PM
From: John Chen	Respond to of 306849

nextrade,re:"losing homes". Pro's IPOs are coming on strong, exactly the Fed/Gov been supporting. The more IPOs(foreclosures), the more thr PROs pickup with their investment money, then the FED print more money, then the PROs get more money, then there is no assest deflation ( which the Fed agreed to fight), it's a WIN-WIN-WIN situation. People can walk away from the houses........ the PROs pick them up with easy money by the Fed, to make sure the PROs can make money and "re-invest" for higher..higher..higher..asset price, the FED keeps printing money.. win-win-win....