SI
SI
discoversearch

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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (59306)8/7/2006 1:47:16 PM
From: John VosillaRespond to of 306849
 
'I think that it is the long end of the curve that regulates housing (absent option ARMs), and that is precisely the end over which Bernanke has little or no control.'

Bingo. So true which is why OCC has been slow to restrict use of toxic ARM's even though they promised it will be implemented by Spring 2006.

'Cramer is in there stating that we should wait until say October for FED cuts to jump into the homebuilders'

Stock markets historically do stage a fourth quarter rally. I bet even the largest best capitalized like Pulte and Horton go along with that ride. But Horton could be coming off a bottom near $10 by then<g>