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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (15140)	7/5/2002 11:51:30 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 36161

["In short housing and banking (including refinancing) in my opinion are somewhat linked..."] ...am important concept in shorting the homebuilders & those Financials that benefited via this refinance boom - is that - even IF rates remain low for some time to come... the refinance market was "churned"... new home sales may stay steady, or even grow... but, the short plays on those individual companies most benefitting via the REFINANCE boom - will NOT. ...those are the companies to short imo. As far as the Homebuilders... scalping is good and its a when, not if scenario that they'll fold as well... they became a defensive haven for money flows... as soon as the broad market recovers - Fund Mgrs will take HEAVY profits and rotate out of the Homebuilders ...that's when to lay hard & heavy on them.