If you are short housing stocks be careful March 22, 2007 The British rag,The Economist is by far the best contrary indicator. 4 comments : UnknownMar 22, 2007, 3:44:00 PMGood call. I think this is a shakeout in housing, but I'm no expert.ReplyDeleteRepliesReplyUnknownMar 23, 2007, 10:55:00 AMYep, fade the hype:http://www.bloomberg.com/apps/news?pid=20601087&sid=ayLeY6IbxPu4&refer=homeReplyDeleteRepliesReplyMissTradeMar 24, 2007, 6:47:00 PMwe may have one more good bounce in housing, the subprime devils are going to be given a break but who is left to buy houses at these prices?That's the outlier?ReplyDeleteRepliesReplyBryan MatthewsApr 4, 2007, 2:37:00 AMpradeep,That's sensationalism. I shorted all of the homebuilders and most of the lenders earlier this year, and only have a few left where I have not yet exited for a double.ReplyDeleteRepliesReplyAdd commentLoad more... Subscribe to: Post Comments ( Atom ) All Posts
Good call. I think this is a shakeout in housing, but I'm no expert.
ReplyDeleteYep, fade the hype:
ReplyDeletehttp://www.bloomberg.com/apps/news
?pid=20601087&sid=ayLeY6IbxPu4
&refer=home
we may have one more good bounce in housing, the subprime devils are going to be given a break but who is left to buy houses at these prices?
ReplyDeleteThat's the outlier?
pradeep,
ReplyDeleteThat's sensationalism. I shorted all of the homebuilders and most of the lenders earlier this year, and only have a few left where I have not yet exited for a double.