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

To: tdl4138 who wrote (68138)12/6/2006 10:46:30 AM
From: damainmanRead Replies (1) | Respond to of 306849
 
Actually, as some other may have already pointed out, the way the homies trade correlates well with the 10 and 30 year treasuries. The perception is that interest rates will cure all.



To: tdl4138 who wrote (68138)12/6/2006 11:24:17 AM
From: patron_anejo_por_favorRespond to of 306849
 
The only thing that "changed" at GM was Captain Kirk buying huge blocks of stock and bullhorning it to anyone who would listen. Now he's gone and their fundamentals still suck....and the stock has started to reflect it. The rally in homies has simply been about jamming shorts, no different than what happened in LEND this time last year. The outcome will be the same. I have 3 small medium homie positions currently, but will be adding after New Year's for sure.


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