Wednesday, June 22, 2005

When will the Bubble Pop?

There are growing indications that there is a slowdown occuring now. It is quite likely that we will see an increasing amount of stagnation throughout the summer. By October, the price stagnation in many areas will become price declines. It will be clear by then that the price appreciation of the past is not happening. Selling will follow as investors speculators and others try and get a peak price. For the most part they won't be able to get the 'peak price' . Inevitibly, they will start lowering prices. The bubble is nearing its end.