5 replies to this topic

[hiker]

http://www.traders-t...?...;blogid=26

excludes REIT's, ETF's and most utilities

Edited by hiker, 22 March 2007 - 10:59 AM.

[nimblebear]

These will be down further soon.

[hiker]

okie dokie..and for how long have you been following this set of stocks? which ones are worthy of dip buying, when the selloff you forecast occurs? I assume you advise throwing a dart, and shorting any name the dart hits?

Edited by hiker, 22 March 2007 - 11:17 AM.

[nimblebear]

this looks sustainable, doesn't it ?

Edited by nimblebear, 22 March 2007 - 11:26 AM.

[LeroyB3]

You use home sales data to trade with? Interesting. I thought I was lagging the market when I was using moving averages...wow. Best, LB

[pdx5]

Even in a rabid Bear market there will be stocks which will hit new high's. Vice versa in a Bull market. And that House value chart looks like a classic BUBBLE to me. Housing bubbles do not crash, they are more like a slow leak in a tyre due to a nail. It will take time to deflate since good portion of sellers do not HAVE to sell pronto. The sooner the leak is fixed, the sooner the deflation will stop. In the present situation, housing needs to decline 25% from peak.