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

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From: Broken_Clock5/2/2006 10:41:20 PM
   of 361
 
regarding JOE...This is priceless.

"I don't believe that is the case. It is different this time around. Prices are holding very well across the nation with some home prices actually heading higher. We hit a slight bump in the RE market and things should start to turn in 2007 as the build up in inventory has the rest of this year to work its way off.

Shorts be warned that if Benackie says this is it with rate increases, the whole housing sector will soar. Not a good time to be short as it is just around the corner."

finance.messages.yahoo.com

BTW, puts are for some reason still pretty cheap on JOE
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