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


To: UncleBigs who wrote (51223)1/24/2006 8:15:11 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
The p/e's are about as depressed as you'll ever see.

That's when you want to short cyclicals. Watch how quickly the E goes down when problems start.



To: UncleBigs who wrote (51223)1/24/2006 8:23:11 PM
From: chainik  Respond to of 110194
 
One thing that is encouraging for bears is a relatively low P/C on major homebuilders; short interest, however, sucks. Hard to disagree with you.