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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: orkrious who wrote (76318)4/18/2007 11:00:59 PM
From: Lizzie TudorRead Replies (1) of 306849
 
I'm sure LEND and NFI in particular will get another leg down but in NFIs case you have a once $60 stock at 5 now. What I saw with the techs that did that, is once that kind of crash happens the last few bucks is really a crap shoot. One small piece of positive news and its a powder keg to the upside. Thats the subprime lenders.

The homies, they escaped the crisis which means a slow bleed down for them. I don't buy the line that TOL is immune either. I actually think the whole McMansion craze is going to start to abate with energy costs going so high.
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