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To: John Vosilla who wrote (613)	3/21/2007 6:51:25 PM
From: SouthFloridaGuy	Respond to of 1718

You're absolutely right and I was STUPID not to buy one in 2000. I instead opted to complete my MBA which also paid dividends, but I should have levered up. The bears on the other hand will give a laundry list of excuses because not owning to one's mistakes is typical human nature (which is why most people can't make money in the markets). The bears are just as bad as the bulls from a behavioral point of view - only poorer. Luckily, I didn't compound the mistake by purchasing a home when it really was overvalued - post 2003. Furthermore, when market fundamentals became favorable, I changed (correctly) to a bullish posture. Markets are dynamic, not static, rememeber it's about capitalism. That's the difference between me and the bears. Now with regard to your statement about how it feels like a recession: it may feel like a recession to some, but it's not a recession by any widely used measure. Furthermore, the conditions that usually precede a recession are not prevalent. So while it may "feel like a recession" to those who didn't see recession back in 2001, the FACTS only point to slow growth mainly centered around housing.