Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (17061)	3/20/2002 9:27:11 AM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

Hi Scott: Let's see how the bears rationalize this. The self-delusion required to support the doomster's case is increasing exponentially. The Commerce Department said starts rose 2.8 percent to a seasonally adjusted 1.769 million annual rate, the strongest clip since December 1998. January starts were revised upward, to a 1.721 million annual rate from the previously reported 1.678 million pace. The unexpectedly strong gain was led by a 7.4 percent increase in single-family home starts, which saw ground broken at 1.457 million unit rate, the quickest pace since December 1978, according to Commerce.