[FoRK] Oil at $66.86

Adam L Beberg beberg
Fri Aug 12 23:00:27 PDT 2005


Matt Jensen wrote on 8/12/2005 5:37 PM:
> Does that mean he retrospectively picked the stocks *because* they were
> volatile?  This "Index" can only be meaningful if he picked the stocks in it
> years ago, and *then* they went up.

You can look at the actual housing prices, specuative owning, or any 
other "real" measure and all the charts look the same. since the stocks 
tanked, the housing has been going nuts. Refi's with people taking out 
cash are still going nuts even with the rising rates. Interest only, and 
negative morgages are all the rage.

-- 
Adam L. Beberg
http://www.mithral.com/~beberg/



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