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


To: energyplay who wrote (64581)6/5/2005 7:38:25 PM
From: Slagle  Read Replies (2) | Respond to of 74559
 
energyplay Re: "employment number" It seems that some, including Cramer are taking the existing evidence of a slowdown seriously.

Yesterday I went down to Naples for the first time in a great while to take a look at the building boom there close up. Its just amazing. It did seem though, that with some tract housing that was still in the site preparation stage there were a number of projects that looked to be "on hold". Some were Lennar tract housing projects that just had that look of "started but put on hold" look about them. Things like wooden concrete forms that had been constructed but not yet poured and had weathered to the point that they might need considerable re-work.
Slagle