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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (20271)	6/13/1998 10:49:00 AM
From: HairBall	Respond to of 94695

Lisa, Texas has diversified, it is no longer dependent on Oil as it once was. I sure a major turndown would be felt, but would not create the major problems as before. Texas, especially the DFW area is building like there is no tomorrow, just like in 80/81. I use to belong to the Foundation for the Study of Cycles. There is an 18yr cycle in real estate prices. 9 years up and 9 years down. Hhhhmm, bout time for the Texas cycle to start looking to bottom again. Real estate cycle is kind of rotating around the country. Market topped early eighties in Texas, late eighties on East and West Coast. I stopped my membership, after the Foundation for the Study of Cycles moved their headquarters out of California. They started being so late with the mailing, the mailing was old news by the time one would receive them. Regards, LG