Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (139195)	12/18/2001 2:10:49 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<Patron, Do you think that homebuilders are nearing an inflection point?>> I think we're close. The sales spurt reported today was expected (by me, anyway) based on the drop in mortgage rates caused by the cessation of the 30 yr bond on 10/31. It's the homebuilder equivalent of the automakers 0% financing...it will lead to reduced demand next year (especially with long term rates rising). So we're close to a top if not exactly there... That said, it wouldn't shock me if the builders get ramped up into the New Year...it's been a favorite hiding place of MuFu managers, and they smell the "finish line"...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next