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

To: Sea Otter who wrote (100517)	1/16/2008 5:30:28 PM
From: microhoogle!	Read Replies (1) \| Respond to of 306849

It would be a stretch to believe that we will have recession here but BRIC continues to power ahead. Or atleast part of BRIC will also experience slow down. India and China have their own bubbles in stock market and real estate. Besides companies are considering laying off people in India as well (e.g overheard that Verizon might cut in Bangalore - don't know how much weight this over heard conversation deserves)

To: Sea Otter who wrote (100517)	1/16/2008 5:31:57 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 306849

Forbes post-mortem 1975: "The Nifty Fifty appeared to rise up from the ocean; it was as though all of the U.S. but Nebraska had sunk into the sea. The two-tier market really consisted of one tier and a lot of rubble down below. What held the Nifty Fifty up? The same thing that held up tulip-bulb prices long ago in Holland - popular delusions and the madness of crowds. The delusion was that these companies were so good that it didn't matter what you paid for them; their inexorable growth would bail you out."