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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (51784)4/10/2006 6:54:14 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
>>However, the big question for me remains: how much longer until it shows up in the general stock market measures?<<

I think it's showing up now. Builders like TOL, SPF, WCI, BZH and HOV are already well off their tops from last year. FNM and FRE are both well off their highs....there may be one more last gasp rally predicated on "the end of the Fed rate increases", but I think we're in that phase presently, and bad guidance/warnings will swamp any further effect from the Fed actually announcing they're done (which won't happen in the next meeting, maybe the one after.....)

EDIT: In the meantime this has been fun to play with:

stockcharts.com[h,a]waclyyay[pb50!b200!i!f][vc60][iUb14!Li14,3]&pref=G
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