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Here's an interesting item regarding market softening for a totally
discretionary, high-dollar, consumer luxury item. Doesn't involve boats, but the dynamics of the purchasing decision have to be fairly similar. Will the aging boomers save either market? 2008 will probably be an excellent time to buy a boat. The market has *always* been cyclical, and can't go up forever like it did the last few years. Item: http://www.bloomberg.com/apps/news?p...d=aHcY5gjITZBs |
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