IT'S ALWAYS ABOUT HELPING OTHERS
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We always look out for you Cecelia and Kieran Loughman,   
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LOOK AROUND AND SEE WHAT'S HAPPENING
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SENTIMENT INDICATORS AND TECHNICAL ANALYSIS RELATIVE TO REAL ESTATEI HAD THE GOOD FORTUNE MANY YEARS AGO TO LEARN POINT AND FIGRE TECHNICAL ANALYSIS FROM TOM DORSEY OF DORSEY RIGHT AND MICHAEL BURKE, OWNER OF CHART CRAFT. I WASA STOCK BROKER AND FOUND THAT USING THE TOOLS I LEARNED,I COULD DO MUCH BETTER AT PICKING STOCKS. HOW IS THIS FOR A SIMPLE CONCEPT. WHEN THE % OF STOCKS ON BUY SIGNALS GETS ABoVE 70% AND REVERSES DOWN, THAT'S AN INDICATION OF LOWER PRICES TO COME. WHEN IT REVERSES UP FROM BELOW 30% , THAT'S AN INDICATOR THAT PRICES WILL RISE. I KNEW THE REAL ESTATE MARKET WAS HEADING SOUTH WHEN PEOPLE WERE LINED UP AT A NEW CONDO DEVELOPMENT ALMOST THROWING MONEY AT THE SALESMAN IN THE TRAILER. DO YOU REMEMBER LOTTERIES TO BUY HOMES? WHAT REALLY MADE IT FOR ME WAS ATTENDING A SEMINAR PUT ON BY AN AGENT EXPLAINING HOW TO MAKE A MILLION DOLLARS IN 8-10 YEARS. BUY A 200,000 HOME. LIVE IN IT FOR 2 YEARS. TAKE PROFITS AT 30%. NO TAX CONSEQUENCES. BUY A MORE EXPENSIVE HOME AND DO THE SAME THING. ETC,,ETC. TO MAKE A LONG STORY SHORT, IT WAS EVIDENT THAT WE WERE AT THE TOP AND NEEDED TO CORRECT AND REST FOR A LONG TIME. TOM DORSEY'S BOOKS ARE STILL AVAILABLE IF YOU HAVE THE TIME TO STUDY THEM. SO I AM PUTTING A SENTIMENT INDICATOR THAT DOESN'T REQUIRE ANY STUDYING. IT'S COMMON SENSE AND MAY HELP YOU UNDERSTAND WHAT IS HAPPENING. NOTHING LASTS FOREVER. YOU CAN'T TRADE HOMES LIKE YOU CAN STOCKS. YOU ALSO CAN'T ROLLER SKATE IN A BUFFALO HERD. JUST AN ASIDE. CLICK ON THE FRAME ABOVE AND READ ON AND PERHAPS IT WILL HELP YOU. IT'S INTERESTING FOR ME. CECELIA AND I INVITE YOU ANY TIME YOU ARE AROUND, KNOCK ON OUR DOOR AND IF WE ARE AVAILABLE, WE'LL BE GLAD TO GIVE YOU PRICE IDEAS AND WHY WE THINK THEY RE PRETTY GOOD. |
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