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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (402679)7/29/2008 11:47:16 AM
From: tejek  Respond to of 1575354
 
Having said that, there is a painful readjustment ongoing in the housing industry in this country.

I think you start anticipating a bottom in about 12-18 months... but I don't expect a big pop, just a slow recovery.


I agree it will be a slow recovery esp. in the markets most hurt by the subprime mess but I think it starts sooner than 12 months if the economy holds up. Have you seen what X is doing after its earnings report this AM:

clearstation.etrade.com

Things continue to be not as bad as the bears would have us think.