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To: MythMan who wrote (349873)11/29/2007 12:22:49 PM
From: Real Man  Respond to of 436258
 
Are you sure? -g- 200K in devalued clownbuck is not a whole
of a lot to pay for a house. Europeans are paying millions.
If 18% M3 growth does not do the trick, they can up it to 25%.
Then its 150K in a year, sounds reasonable -g-

The only thing that is doomed is the USD.



To: MythMan who wrote (349873)11/29/2007 2:16:35 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Boolish standard PPT "hold it" action after a huge
futures-related rally. Expect a big up day tomorrow if
it holds.



To: MythMan who wrote (349873)11/29/2007 2:41:18 PM
From: NucTrader  Read Replies (2) | Respond to of 436258
 
Housing is not doomed everywhere. Our realtor recently sold a 600K home in 15 days. It had 2 offers within 2% of asking price. While it felt like 4 years, we got a contract on our home here in San Antonio in 42 days, 2% under our "revised" asking price, 5% under our original asking price (which was too high, in retrospect).


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