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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (51602)	4/7/2006 2:29:40 PM
From: Travis_Bickle	Read Replies (1) \| Respond to of 306849

It will take a while for slower new orders to take down numbers in the meantime the only thing to take the earnings lower are increased cancellations and discounts.

To: John Vosilla who wrote (51602)	4/7/2006 2:32:31 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

Finally it is here but the stock prices going down with a wimper not the bang I would have expected.. In 1990-91 it took less than a year for the stock prices of the Homies to get cut in half and after that it was all over for short side action. Stock prices on these names are still 3-5 times what they were in 2001 when this thread was started. No one expects prices to fall to even to where they were then which makes the call not only early but wrong. To be right, the call would have to have been prices will fall 50% after rising 400%.