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[RT] Hyperinflation in Bay Area Housing Prices



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<DIV><FONT face=Arial size=2>For those who says that there are no signs of 
inflation, here are a few examples of how rampant inflation is</FONT></DIV>
<DIV><FONT face=Arial size=2>in the housing market.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2><STRONG>4 BR/2 BA home in Dublin, CA&nbsp;&nbsp; 
sold for&nbsp; $225,000 in 1988,&nbsp;&nbsp; now sells for 
$649,000</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>* an increase of $424,000 in 12 years, annual 
increase of $35,330.00&nbsp; or 15.7%</FONT></DIV>
<DIV><FONT face=Arial size=2>* prices in this town have skyrocketed 188% in 12 
years !!!</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2><STRONG>5BR/3 BA home in Livermore, CA sold for 
$399,000 in 1997, now sells for&nbsp; $725,000 </STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>* an increase of $326,000 in 3 years, annual 
increase of $108,000&nbsp; or 27%</FONT></DIV>
<DIV><FONT face=Arial size=2>* prices in this subdivision have skyrocketed 82% 
in 3 years !!!</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>and the funny thing is, the banks are handing out 
$500,000 mortgages here like candy,</FONT></DIV>
<DIV><FONT face=Arial size=2>when this mania ends, it will make the S&amp;L 
debacle pale in comparison.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>The S&amp;L taxpayer rip-off totalled 1.5 TRILLION, 
compared to $7 TRILLION in outstanding Fannie Mae and Freddie Mac loans 
outstanding.&nbsp;&nbsp; Read about the massive US credit expansion and the 
staggering amount of mortgage debt waiting to default.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2><A 
href="http://www.geocities.com/WallStreet/Market/8553/loanbubl.htm";>http://www.geocities.com/WallStreet/Market/8553/loanbubl.htm</A></FONT></DIV>
<DIV><FONT face=Arial size=2><A 
href="http://www.geocities.com/wakeuptoreality/fnmcrime.html";>http://www.geocities.com/wakeuptoreality/fnmcrime.html</A></FONT></DIV>
<DIV><FONT face=Arial size=2><A 
href="http://www.geocities.com/wakeuptoreality/fnmcrime2.html";>http://www.geocities.com/wakeuptoreality/fnmcrime2.html</A></FONT></DIV>
<DIV><FONT face=Arial size=2><A 
href="http://www.geocities.com/wakeuptoreality/fnmcrime3.html";>http://www.geocities.com/wakeuptoreality/fnmcrime3.html</A></FONT></DIV>
<DIV><FONT face=Arial size=2><A 
href="http://www.geocities.com/wakeuptoreality/margindebt.html";>http://www.geocities.com/wakeuptoreality/margindebt.html</A></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Thu Jun 22 10:51:39 2000
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From: "Terry Smith" <tesla@xxxxxxx>
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References: <d.66bb1e5.26825f8f@xxxxxxx> <000201bfdc61$edac6560$88bc3fd1@xxxxxx>
Subject: [RT] Re: Sept Cocoa and doji sandwich
Date: Thu, 22 Jun 2000 09:07:47 -0700
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Status:   

Forget to give the web address, it is at www.chartingyourfutures.com Enjoy.
----- Original Message -----
From: "Terry Smith" <tesla@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 21, 2000 1:31 PM
Subject: [RT] Re: Sept Cocoa and doji sandwich


> I love Jay Gallemore's charting your futures interactive market update.
With
> 35 years of trading experience he tells it like it really in the futures
> market. His analysis is on weekly analysis is on Saturdays.
> ----- Original Message -----
> From: <Scaletrade@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, June 21, 2000 11:12 AM
> Subject: [RT] Sept Cocoa and doji sandwich
>
>
> > I am an amateur when it comes to tape reading and technical analysis,
but
> I
> > like making money in cocoa.  The last 3 days look like a nice doji
> sandwich,
> > if I understand the meaning of the term (comments, Bill?) and to put
icing
> on
> > the cake, yesterday was a nice reversal.  If I've learned anything about
> > these "indicators" these should both imply a good move upward.  Any
> comments,
> > anyone else trading actual commodities?  In New York, yet?  (Scale
> trading,
> > which I use to trade cocoa, allows limit orders...I had positive
slippage
> > yesterday going long in cocoa, even in New York.)
> >
> > Larry
> >
> >
> >
>
>
>