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News Focus
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zab

04/04/11 2:26 PM

#674211 RE: lee kramer #674210

If you remember I bought that Honda Accord just about two years ago, and its all paid off, I will drive it for another 8-10 years. Mary's old dealership is in the used car business, and I tell her things about rising prices of used cars, and she just got an update a few minutes ago that NADA will re revising prices upward again due to the shortage of vehicles, and new cars coming from Japan. This is very bullish for the economy, like it or not cars are a product that is used everyday by the world.

More and more people are driving all around the world, but good guality cars are getting hard to find, so prices are rising each month. Good for steel also.

MPEL still going today.
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Dr VanNostrand

04/04/11 3:34 PM

#674216 RE: lee kramer #674210

Just dropped off my 17 year old van at the shop this morning - it's closing in on 200K and I hope to nurse it along for another few years. I hold on to everything till the bitter end - still using the blender we got as a wedding gift 36 years ago, and a few of my bicycles are older than that :-) Hell, my wallet is more duct tape than leather.