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To: The Freep who wrote (117138)4/21/2005 3:02:11 AM
From: Shack  Respond to of 209892
 
Lotta the homies look ugly. They've looked ugly before, of course. But maybe THIS time they'll fall..

FA alert! Its after hours so I'm allowed.

This is not relevant to the trade we are in but For those who are interested in the Real Estate "bubble" I thought this was an interesting tidbit for the RYL earnings report tonight:

Orders for homes rose 2.7 percent to 5,102 units on an expanded number of selling communities -- 372 compared with 306 at the end of March 2004.

"The orders are going to be viewed as disappointing on the street, especially in light of the tremendous growth in communities," Rick Murray, Raymond James & Associates analyst said."


Looks like demand may be levelling.