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

To: Elroy Jetson who wrote (57621)	7/12/2006 8:44:17 PM
From: mishedlo	Read Replies (1) \| Respond to of 306849

I thought you were short Lennar. If you're not I apologize. I'm not long or short anything. I just have CDs and Treasury Bills right now. Apology easily accepted. I am not short Lennar and have not been this year. I actually meant to make that disclosure in my post. Yes I may have been taken in by a crook. I admit that possibility. Remember my final comment? "Something about this story still does not add up, but I can not quite put my handle on it." Still My best guess is that this is a business misunderstanding of some sort that got way out of hand. All it takes is one idiot somewhere. That idiot can be either at Lennar or Veemac. Lennar has certainly proven it is not idiot-proof and you have to grant me that. As for your treasury position.... I think you are cautiously smart. Good luck. Mish