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

To: Think4Yourself who wrote (73285)	3/6/2007 2:16:19 PM
From: Tommaso	Respond to of 306849

"People certainly have been trained to buy any/all dips!" Yes, and that includes what happened in 1987. We have a quarter of a century of stock market gains behind us that make even astute managers accuse one of "trying to time the market" if we suggest that it might be overvalued. There actually seems to be more sanity in the real estate market. At least you can live in a house (until you are foreclosed). The only good use I ever heard for stock certificates was a woman--an actress, maybe--who in the 1930s admired the engraving on stock certificates and bought some, out of which she made a laquered screen. As the years went by, she began to receive good dividends on her piece of furniture.