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To: jiggyboy

I am a homebuiler, and that rally is BS : )


4 posted on 07/10/2006 7:55:51 AM PDT by stephenjohnbanker (Taglines for sale or rent. Good "one liners", 50 cents.)
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To: stephenjohnbanker

builder that is : )


6 posted on 07/10/2006 7:59:31 AM PDT by stephenjohnbanker (Taglines for sale or rent. Good "one liners", 50 cents.)
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To: stephenjohnbanker

Yeah I figure today will be like Friday was -- high of the day in the first half hour then close at the lows. I'm seeing too many reports just this weekend of sales being down 20-40% from the same quarter of 2005.

We haven't even gotten to lower EPS's compared to the previous year yet, and I figure negative EPS's and a bankruptcy or takeover or two is necessary before it's all said and done.

So I curse at the ticker for a while but I ain't sweating it long-term. (I'm short one of the builders.)


9 posted on 07/10/2006 8:09:32 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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