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Politics : High Tolerance Plasticity

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To: Tommaso who wrote (6964)8/24/2001 10:18:12 AM
From: kodiak_bull  Read Replies (3) of 23153
 
Good housing news on CNBC two days in a row. It seems a lot of people are hoping housing starts is the pulse of the economy--as long as folks keep buying houses then the consumer is bullish and the party can go on.

stockcharts.com|B|h14,3

I know we've discussed this before and I'm a little surprised at the strength of housing. Otoh, getting touted on CNBC is often the top. And, there's always the rotating investment idea: if you're getting killed in stocks and it's too late to get into bonds, then maybe you should take a fling at real estate?

Any ideas out there?

Kb
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