The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (84219)	8/9/2007 2:23:57 PM
From: Jim McMannis	Read Replies (1) of 306849

This is one weird day on wall street. Market down 210. GM MCD PG KO DD MRK up. Half the Hommies and Subprimers up. Two thoughts. As exemplified by Beazer who has 55% of their float short, big time short covering going on. How long can they unwind them? A while apparently. So why are half the Hommies and subprimers down. Like WCI? Sure looks like some people are trying to bet on the BKs vs the survivors. Way too early for that but somebodys trying.

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