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

To: Think4Yourself who wrote (93963)	11/6/2007 12:07:35 PM
From: Smiling Bob	Respond to of 306849

>Have you noticed a dropoff in restaurant and shopping traffic, a sort of reverse wealth effect?< A good reason to start shopping for retail REIT puts, as bobcor suggested. For the moment, foreigners can sustain retail. But the squeeze is on there as well. When a real recession hits, 1/2 to 3/4 of stores will have lease signs in most areas.

To: Think4Yourself who wrote (93963)	11/6/2007 1:51:15 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 306849

Speaking of which: We were in Chestnut Hill Ma @ Legel Sea Foods last night@ 5:45. There were 3 people at the bar. 6 customers in the rest of the establishment. We then went to the Upper Mall At Chestnut Hill were we were literally the only customers in the stores. Bloomies was like a funeral had taken place. I know it was a monday night... ============================== Have you noticed a dropoff in restaurant and shopping traffic, a sort of reverse wealth effect?