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


To: Jim McMannis who wrote (84222)8/9/2007 2:38:23 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Well at least there will be plenty of shares to short when the funds are done.

This is truly a bizarre day. Dow down 240 and the homebuilders will not go down. Never thought I would see this day. What is even stranger is that the put holders all seem to know this is temporary. My homebuilder puts are actually UP ever so slightly today.

I sure hope the OFHEO isn't foolish enough to lift the caps of Fannie and Freddie. That's a dumb idea, even for being from a politician. Can't believe the garbage coming out of the mouth of CNBC's current guest.