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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Ramsey Su who wrote (98)7/8/2001 10:34:54 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Ramsey Su...I excluded GDW because of their regional nature (although I think they are as good or better a short as anything in the index, since their region is likely to be among the hardest hit). I excluded WFC both due to regionality (err, if that's a word) and to the fact that they're not really a pure play in real estate (compared to the other finance stocks in the index, FNM, FRE and CCR). Ditto with WM.

REITs do make sense in the index, but this was meant to be a purely residential index (and their aren't too many residential REIT's of sufficient size to warrent inclusion, IMO).

What the heck, 10 stocks seemed like a nice round number. They should give us a reasonable picture of what is going on.

Regarads

Patron
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