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


To: TH who wrote (71801)2/9/2007 9:23:09 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
I was too busy closing on our new home today and this past week to get some funds added, but will wire some $$ into accounts Monday. I think the tide has finally turned. I expect KBH to take a dive like NEW did with earnings and want to be fully positioned.

Of course the last 5-6 times I too was facing the wrong way. Sooo weeeeee!



To: TH who wrote (71801)2/9/2007 9:24:16 PM
From: orkriousRead Replies (1) | Respond to of 306849
 
I'm still short DSL and BKUNA. Really like the two day in a row down on all my shorts. A very positive sign that we have not seen with the magnitude of the past two days in a long time.

TH,

Both DSL and Big Kahuna had very ugly candlesticks today. Until today, DSL in particular had been positively studly.

Problems in the mortgage market are spreading above subprime. This could easily be the start of something beautiful for long-suffering shorts.