Thursday, February 14, 2008

BUY THE BIG HOUSE NOW!

The super strength in US exports suggests that the fall in interest rates might be over. If you plan to "buy the big house" you need to get your motor running. As soon as it becomes clear that the FOMC is through cutting rates, the big bargains in the housing market will disappear quickly. They will disappear for two reasons; because fearful sellers will lose their fear and because it will take many months for builders to start new projects. Because builders have been hammered (:-) badly, they will not start building much until the current supply of unsold homes is reduced.

OBAMA CONTINUES TO GAIN MOMENTUM!

For a very long time, I have believed that Hillary will be the democratic nominee. The Clintons are still owed a lot of political favors. Sill, if Obama is able to go to the convention with a significant lead, I do not believe the super delegates will swing the vote to Hillary. Hillary win a chunk of delegates in Texas. She is currently leading the polls in the big states of Ohio and Pennsylvania. During the next 3 weeks, her weakest state of the "big three" is Ohio. Should Obama break through in Ohio, the race is over!

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