In any secular trend like the one we are in, you will always see small rally points. Expect the secular trend down to continue for several years, and within that trend you will see rally points, more often then not in the spring. Don’t panic. If you can, try to buy later in the season, such as late summer or fall. If you are really smart push the purchase off for a few years. I do feel Mira Mesa will take it on the chin pretty hard in this downturn.
