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To: groanup

Likely has more to do with interest rate increases than any other singly factor.


32 posted on 11/17/2005 6:51:42 AM PST by traderrob6
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To: traderrob6

Yep. And rates are creeping back down at the moment.


40 posted on 11/17/2005 7:06:38 AM PST by groanup (shred for Ian)
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To: traderrob6
Likely has more to do with interest rate increases

Absolutely. Al is targeting asset prices (the red hot housing market)

Unfortunately, the Feds always overdo it. The Bond King, Bill Gross, said when that happens, the refinancing boom will end. After that happens, our economy will enter a recession.

Guess who is gonna be blamed? I am putting this on my tagline...

44 posted on 11/17/2005 7:20:30 AM PST by John123 (Yep, GWB is to blame because the housing ATM racket is over...)
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