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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (2885)10/5/2007 4:19:11 PM
From: Bill Wexler  Read Replies (4) of 6370
 
CTX, CFC, USG, and MTH are heading higher. I've have never seen so many amateur short-sellers pile in so frantically.

Check out the tone of this post on one of the housing crash blogs:

housingpanic.blogspot.com

I have to admit, it was scary for me to take off my tin-foil-hat, but this tape is going to steamroll the shorts becuase these stocks are going to recover long before they start seeing enough anecdotal evidence that housing is stabilizing.
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