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To: GodGunsGuts
Nothing we haven't seen before except for the unprecedented level of imbalance between inventories and sales.

How fast that gap unwinds may determine whether the landing is soft or hard.


BUMP

12 posted on 12/07/2006 9:09:06 AM PST by capitalist229 (Get Democrats out of our pockets and Republicans out of our bedrooms.)
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To: capitalist229
Look at and compare the last leg up in real private residential investment to the others. I'd say we are in for both a steep and prolonged correction--GGG


19 posted on 12/07/2006 9:22:47 AM PST by GodGunsGuts
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