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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (15254)2/20/2002 12:07:13 PM
From: tradermike_1999  Read Replies (4) of 74559
 
"This thread should be renamed Group Therapy for Bears.
Housing starts jumped 6.3% in January, to the highest pace since February 2000. Builders began construction at a seasonally adjusted rate of 1.68 million homes.

I know, I know, the strength in residential construction is conclusive evidence of the housing bubble and the impending crash in home prices - NOT"

If everything is so good then why are the markets dropping and going to drop more? Why is gold going up? Why aren't the markets in line with bullish pronostications of a coming economic boom?
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