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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Earlie who wrote (51279)5/17/2006 8:54:22 AM
From: Logain Ablar  Read Replies (1) of 116555
 
Earlie:

I believe part of HD's dump was the news Berkshire had cut back a sizable stake in the co last qtr.

I think the street is still pumping the idea that a slowdown in housing won't hurt as they should benefit from an improvement cycle if homeowners aren't trading up.

The MSM of course still buys this idea.
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