Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (54475)	8/8/2006 4:15:19 PM
From: YanivBA	Respond to of 116555

“It seems like the boom kind of ended with everybody's talk of the bubble bursting,” he said. “I think all the talk actually made it happen.” I can understand why people feel that. On July 20 2005 Greenspan said "Whether home prices on average for the nation as a whole are overvalued...is difficult to ascertain, but there do appear to be, at a minimum, signs of froth in some local markets," businessweek.com And the homebuilders put a long term top the in the same week? IMO it is hard to believe this was a coincidence. The market just moved to that man's word. After all he was the wizard of Oz. YanivBA.