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

To: Oblivious who wrote (71217)	2/1/2007 9:48:38 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

Your comments suggest otherwise but there's nothing to be gained by arguing. As for me, I am on the sidelines. These stocks are in the stratosphere given what is going on. That doesn't mean they won't go higher but I wouldn't sleep at night if I were long any of the 20 or so builders I follow. They are all consistently overpromising and underdelivering. If you can make money trading here, more power to you!

To: Oblivious who wrote (71217)	2/1/2007 9:58:09 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 306849

Making money is why we are all here. Of course we tend to discuss the economy, stocks, etc. in the hopes of making more money. I've participated on single stock boards to great success, and I've also participated on these economic boards for background information. If you are on this board, I assume you are trying to understand the housing market. My view is housing will be worse in '07 than '06, by every material measure: price, transactions, etc. I've outlined why in this post: Housing in 2007 calculatedrisk.blogspot.com I doubt we have seen the bottom in this cycle by any measure.