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Re: noazac post# 1097

Sunday, 01/25/2004 10:39:14 PM

Sunday, January 25, 2004 10:39:14 PM

Post# of 2267
Noazac its to early, I can't tell you the answer. I'm not familure with your market, how soon you will move or where to etc. If you believe this country will enter a recession after the 2004 election you may want to consider holding as the governmnet will inflate everything and real estate will go up. If on the other hand you believe the USA will lapse into a depression as in 1932 by all means sell. I'm not sure which one will happen yet. I am watching the velocity of MZM in relation to MZ2. MZM has crossed below MZ2 and both are still sinking. That is the money supply is not expanding and the turn over is contracting. The fed must inflate fast or the recession is not in the cards IMO. That doesn't mean they can't get the job done and reduce this drop to a recession.My source is Money TRends Jan 2004 by the St. Louis Fed. (loans and commercial credit have contracted. With low interest rates one would expect the money supply to be increaseing, but the velocity index says other wise MZM also recenly droped below M1) BTW just courious what don't you like about Bush and what do you like about anyother possibilty?

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