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


To: ChanceIs who wrote (93275)10/29/2007 5:14:27 PM
From: patron_anejo_por_favorRead Replies (19) | Respond to of 306849
 
OK folks, time for Patron's "Crude Awakenings" contest. Post yer prediction of the date when the near term NYMEX crude contract closes at over 100 clownbux. (We closed at 93.53 today). All entries must be in by the FRB announcement (on Wednesday 10/31 at 2:15 pm). Winner gets a virtual bottle of "Night Train"....The express that gets you "From sober to stupid with no roundtrip tickets available, and a strong likelihood of a train wreck along the way!"



bumwine.com



To: ChanceIs who wrote (93275)10/29/2007 8:47:40 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
"I can't see how lower rates will save housing.". Raising
rate 2 to 5 years ago, would have saved housing. Lower rate
to sustain the problem !@#$ what a concept, but there is no
other way to win the decade long war. Printing money is the
only way, or surrender.

.5% is a given.
1% cut is a 'good play'.
1.25% is not that far out.