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


To: Paul Kern who wrote (54564)2/23/2006 11:28:40 AM
From: UncleBigs  Read Replies (2) | Respond to of 110194
 
I'm not giving advice. I'm stating an opinion. I've been short the homebuilders until fairly recently. The question is what happens in the future.

I think the homebuilders are due for a counter trend rally to shake out the shorts. I think they work higher on bad news just as the shorts have pressed their bets so certain that a crash is at hand.

This is a market of paradox. Nothing is easy. I see sentiment that has gotten too negative on the homebuilders. If you disagree, that's great. Good luck.