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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: J. P. who wrote (11510)7/15/2003 11:12:53 AM
From: J. P.Read Replies (1) of 306849
 
Tremendous leap in bond yields today. The market's making an interesting response to Greenspan's "jawboning" today about lowering rates again.

stockcharts.com[l,a]daclyyay[dc][pb50!b200][vc60][iUp14,3,3!Lya7,14,28]&pref=G

Yet the homebuilders rally. This is a disconnect for sure. Tell me how is this bullish for homebuilders? (Even some of the subprime lenders are up. This does not compute.)
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