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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (46234)	11/29/2005 11:07:26 AM
From: Paul Kern	Read Replies (1) \| Respond to of 110194

Ramsey, Good job picking those numbers apart. Paul

To: Ramsey Su who wrote (46234)	11/29/2005 11:34:08 AM
From: CalculatedRisk	Read Replies (3) \| Respond to of 110194

Ramsey, a few comments ... New Home Sales are heavily adjusted, so this report might be adjusted downwards several times. On the SA, the headline number just reflects the rate of sales for the month of Oct (they don't add it up like you are doing). At 111K times 12 = 1.332 million plus Oct is usually below normal (the peak months are in late spring, early summer). That is why I plot both the SA number and the NSA number (graph 2): calculatedrisk.blogspot.com The most important thing is it is just one data point. BUT, all the upward price revisions for the last few months is very strong. Best Wishes.