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Old 08-24-2006, 05:11 PM
wallmann wallmann is offline
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Join Date: Feb 2006
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Default The talking heads...

It might just be that the talking heads on the financial networks are feeding everyone a load of baloney about how well the econonmy is doing.

It's not! Oil is still high, housing prices have plummetted and housing inventory has risen once again along with interest rates.

People just can't continue to use their homes as ATMs by refinancing to pull out money to continue with their present lifestyle. The housing bubble has started to deflate and is picking up speed. It won't be easy for anybody. IMO

Larry @ Stock2Watch

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