To: John Vosilla who wrote (37024 ) 7/26/2005 8:40:22 PM From: bcrafty Read Replies (2) | Respond to John, the mere fact that he even mentioned those circumstances as a kind of a stop (Dow falling to 9500 or failure to rally strongly by early 2006)lent him more credibility as a writer to me. Although I might take issue with a few specific parts of his predictions, the fact that he says more or less "if this happens then maybe I'm wrong and will have to rethink" helps to put his position in perspective.My guess is still new bull markets in what was hot in the 1970's along with new innovations in tech and life sciences . . . . . .along with the long anticipated coastal housing fall that will be a long drawn out affair except for the frothiest of property types in select markets in an environment of unrelenting stagflation and higher rates for the next decade I agree completely. Real estate values in St. Louis, Indianapolis or Memphis, for instance, will be much less severe than NYC, LA, or Florida. And rates have little choice but to go up, but the questions of how high, how quickly, and for what reason will continue to be the subject of great debate.Message 20545636
