SI
SI
discoversearch

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.
Politics : High Tolerance Plasticity
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Area51 who wrote (20362)10/9/2003 9:20:40 AM
From: Sharp_End_Of_Drill  Read Replies (1) of 23153
 
Area 51, thanks for the blurb on NVR.

History has shown that $350 was not a slam dunk short, in fact it was a screaming long. I've underestimated the effect that low rates would have on the housing market, and the markets continuing application of bubble valuations. Also the unbelievable trend for investors to place faith in managements that are looting their companies.

I've been out of housing shorts for a long time, perhaps the recent run to $500 is worth looking at again? Many bull runs do end in an exponential blowoff top - perhaps this is it for the homeboys?

Sharp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News