[teepeeseller]

TIM & ESCOTT,

2 kindred spirits - true contrarians - I doff my cap to you both.
For those who are not familiar with the term (and please I am not trying patronize anyone here - there are beginners out there who look at these forums for guidance) this means those who are willing to swim against the flow and do the exact opposite of perceived wisdom. Until it becomes perceived wisdom (Buy when others are getting rid, sell when you see the greed in their eyes).

It is not an exact science - unfortunately that's not possible (or I would have retired many years ago)

If you buy a property 10% above the market bottoming figure - so what! You merely hold on until it's increased 5%-10% (or more if you have the stomach for the ride) above bottoming out and then sell. If the market has already bottomed and you came a little late to the party - again - so what! You can still buy in a rising market as long as the indicators are there it is going to continue to rise.

There have been two Americans who have graced our prescence on this subject now. One an agent in the Carolinas and an investor in the S.E. and they are both pretty much saying the same thing. I tend to take notice when the locals start banging their drums. My company has its own advisor in Atlanta and he is upbeat about the whole area bar Florida and even there there are pockets with booty in them.

"Blood in the streets" Love it mate - only a Yank would bring a helicopter gunship to an investment forum.

Hope whoever you end up with as Mr/Ms Prez is an improvement on the current loathsome Gollum occupying the throne of freedom. Your lovely country and its people deserve better even though a large number of them don't seem to be capable of working that out for themselves. My interest comes from a colonist wife (from NY via FL), the fact that as an ex-squaddie there have been far too many young Brits sacrificed at the altar of profit for one generation (One day we may find a leader big enough to stand up for British foreign policy and not US interests) and the fact that I lived there for several years and grew to like most of the domestic breed I met. Like I said - US deserves better.

Strayed into politics - my apologies - I will promise to display more restraint. It's early, my old injuries won't let me sleep, the cat is demanding fed, it's cold, raining and there is no milk for my coffee - I'm grouchy. When's that gunship coming round again!