Manhattan Realtor: "Be Scared"
The Feature article at Elliott Wave International yesterday included a colorful email from a Manhattan realtor. Titled "Be Scared--I sell real estate in Manhattan", the guy seems to have had it. "The real estate situation is so bad that I thought to assist fellow Kossacks, I would tell you what's happening at the epicenter of the bubble."
"Most of the speculative hysteria is being driven by college educated people who were wiped out in the Nasdaq bubble and seem not to have learned. Greenspan has done his job so very well, he's snookered them again!"