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

To: Maurice Winn who wrote (60274)	2/10/2005 10:35:28 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

<<shorting houses>> Folks are fighting the FED, whicgh said, "interest will continue to rise". Folks think that as Japan effective already said it will be raising interest rate, their financing will continue to go to the US even if the US does not raise rate. Rate rise is poison to the carry-trade. The housing is the biggest carry-trade of them all, second to the global economy. Is your portfolio ready? My isn't, but moving in the correct direction. Let's watch. Will be scary until it is not. Chugs, Jay