PRICES PULLBACK

Jury may be out, but it appears we will get more thanone day pullback in prices. Todays down volume was83% of total volume so that is considered substantial. How this develops should tell us a lot about what may lie ahead.

I think we will get through this, but smoothe sailing I don't think so from here. A lot of properties have just begun to be dealt with, renegotiating lonas with banks by cutting principal etc, well banks may be open to it.....but it could take years and years...and WHO qualifies? How will the people paying their mortgage living next door feel? They owe full amount.

ANd we need for someone other than the GOV to hire workers. The ONE TIME 70,000 GOV census takers are glad to be hired, and it kept the # below 600,000....if it aint there next report....those betting it goes even lower may be rudely awakened.

D