Wait A Second, Homebuilders Upgraded

Discussion in 'Wall St. News' started by S2007S, Oct 10, 2006.

  1. More than a few areas in real estate are uptrending;
    that upgrade does sound like they are hoping to find a few buyers in a scanty sector perhaps.

    And for those who always need a reason for stocks moving;
    maybe thats why ES,SPY, DIA,QQQQ are down this premarket:D
     
    #21     Oct 11, 2006
  2. Hey, don't forget - commercial real estate is going to 'soften' the blow of a disastrous residential market...










    ...Aren't talking points great? :eek:



    The real estate bubble is real, and is actually the largest 'credit' bubble in history, by the numbers.
     
    #22     Oct 11, 2006
  3. tell you what, I bet the market knows more than you guys and the homebuilders have been moving higher since mid-June, right around the time all the dummies woke up and realized housing is coming off. The news is in the stocks, they have been barraged with negative news, yet up they go. Seems pretty bullish to me. Flame away. :)
     
    #23     Oct 11, 2006
  4. For analists, catching a falling knife is cheap - nothing on the line. Just be grateful JP analist gave you another short entry.
     
    #24     Oct 11, 2006
  5. S2007S

    S2007S


    JUST LIKE I HAVE BEEN SAYING. As ARMS reset EXPECT A great amount of FORECLOSURES.

    Foreclosures rise as ARMs reset

    http://tampabay.bizjournals.com/tampabay/stories/2006/10/09/daily10.html
     
    #25     Oct 11, 2006
  6. yes, the US consumer is doomed, the dollar is doomed, the US economy is doomed, sell stocks!!!! Hey, wait a sec.......
     
    #26     Oct 12, 2006
  7. HUH?!?!?!?!?

    They're down 50%+ y/y.
     
    #27     Oct 12, 2006