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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory

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From: kailuabruddah4/29/2005 10:03:23 AM
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Good day to add more shorts to HBs...

SPF is out with a great earnings report so many have popped up 2% to 3%... SPF is quickly up 5% to 6%

SPF, LEN, TOL, CTX, PHM, ad HOV are all at or below their 50 day MA's...

The personal income/spending report certainly means the FED is not going to pause after next week - 50 more bps over the next 2 meetings is a virtual certainty...

That will continue to pressure the I/O ARM / negative amortization buyer!

The slowdown in thye HBs is a-comin' quick...
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