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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 (67639)11/30/2006 10:11:40 AM
From: damainmanRead Replies (1) | Respond to of 306849
 
Chicago PMI says contraction, dollar down, gold up- wasted day for those short homies. If economy follows Chicago PMI, how do the homies rate a buy or hold here?



To: John Vosilla who wrote (67639)11/30/2006 10:48:29 AM
From: Ramsey SuRead Replies (1) | Respond to of 306849
 
OK, all the BofA upgrades are based on two claims:

1. improving affordability because prices are down.

2. a real estate agents survey just conducted showing improved traffic.

Raising target prices using 12X and over multiples, with normalized "E".