The Union-Tribune had four negative articles today regarding the dip in real estate: "Realtors say Existing Home Sales to Fall to 5-year Low in 2007, and outlook worsens for 2008", "Home Prices in San Diego Flatten to 3.5 Year Low", "Bank of America writing down $3B in assets" and "Credit Market Problems for Banks May Last Until 2009". Real Estate sales & values are declining. Mortgages are going bad. These articles go along with Countrywide's announcement that they are going to provide workouts with their customers that cannot afford their mortgage payments after the mortgages have reset. Lenders are admitting they have problems! Imagine that?

I wish you... Invest Intelligently!!!