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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Thanks for the encouragement, but... Posted by alfred on October 22, 2008 at 11:16 AM In Reply to: No need to back off... posted by CC in OC on October 21, 2008 at 3:43 PM 1) Home values are continuing to drop with high velocity. (Sales are up due to foreclosures saturating the market--these buyers think they are getting bargains... they are... but nothing compared to what they'd get if they waited another 1-2 years.) 2) Too much going on in the economy... govtmt and banks are hiding the facts, thus... every day there are new surprises erupting. Too many dynamics. No way to predict, even short term. My gut tells me to stand aside. Keep my money safe in my MMA. Watch listen and learn. Not time to strike yet. Really need to make a chunk of cash. Need to pay off some debt and boost up the household reserves. Think I'll look for another avenue. Follow Ups: Re: Thanks for the encouragement, but... GC 3:09 PM, 10/22/08 (0) You're right; this market is only for the intrepid... CC in OC 12:42 AM, 10/22/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : 1) Home values are continuing to drop with high velocity. (Sales are up : due to foreclosures saturating the market--these buyers think they : are getting bargains... they are... but nothing compared to what : they'd get if they waited another 1-2 years.) : 2) Too much going on in the economy... govtmt and banks are hiding : the facts, thus... every day there are new surprises erupting. Too : many dynamics. No way to predict, even short term. : My gut tells me to stand aside. Keep my money safe in my MMA. Watch : listen and learn. Not time to strike yet. : Really need to make a chunk of cash. Need to pay off some debt and : boost up the household reserves. Think I'll look for another avenue. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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