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Strategies & Market Trends : Future Schlock!!!!

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From: Arthur Radley	8/23/2006 10:01:29 PM
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The housing market report today doesn't bode well for the economy. Over the past few years, 30% of the new job growth was in the housing industry. First will be the housing stocks that take a hit...and this has happened. But longer term will be the furniture companies that will suffer. Ethan Allan and Laz-Boy type stocks will be in the doldrums for a long time with the report today that housing sells were down over 4%, and we are going into the slow period for normal activity of buying and selling homes.

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