[FoRK] Oil at $66.86
Adam L 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
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