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JMKel

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JMKel

Re: mlsoft post# 50138

Thursday, 11/28/2002 11:08:42 AM

Thursday, November 28, 2002 11:08:42 AM

Post# of 704019
Actually, the housing market is doing great with both new and exsiting home sales at quite high levels. This is likely to continue for as long as rates are as good as they are. In addition to the housing sale market is the refinancing market.
That also is likely to undergo a renewed volume of refinancings.
Connected to the housing market are the furnishing retailers, the home improvement market etc. So things are not so bleak...

The auto market is also doing well. Unfortunately, for some of the US auto makers the Japanese are doing better and taking share.

The wireless market is also strong.

Now the next argument is that all this is unsustainable...

I could go on. I don't see the funeral for the economy anytime soon. Thanks for helping provide liquidity to the market.



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