Edited by redfoliage2, 19 June 2007 - 07:43 AM.
Housing Numbers
Started by
redfoliage2
, Jun 19 2007 07:41 AM
3 replies to this topic
#1
Posted 19 June 2007 - 07:41 AM
May housing starts fell 2.1% while permits rose 3.0%. i.e. Lots of permits previously obtained were not executed. No matter what numbers they put out, it's a dead house in terms of housing business cycle. The key number is how fast they could sell. I would ignore these numbers and focus on the TA.
#2
Posted 19 June 2007 - 07:52 AM
There was something else this morning. BBY the first retailer to post the numbers for the quarter missed big.
0.39 vs 0.50 expectations. Guess the lack of cash out refinancings starting to bite finaly.
#3
Posted 19 June 2007 - 08:11 AM
There was something else this morning. BBY the first retailer to post the numbers for the quarter missed big.
0.39 vs 0.50 expectations. Guess the lack of cash out refinancings starting to bite finaly.
I can't wait for those LCD and Plasma TV prices to tank once they get that glut of inventories.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
#4
Posted 19 June 2007 - 08:22 AM
Nas Composite has a gap at 2.604 - isn't just about closing this gap and then waiting to see when yields turn up again
No big events this week, so nothing too big should, but a lot of people here expecting a big sell off, we'll seeĻ
No big events this week, so nothing too big should, but a lot of people here expecting a big sell off, we'll seeĻ
There was something else this morning. BBY the first retailer to post the numbers for the quarter missed big.
0.39 vs 0.50 expectations. Guess the lack of cash out refinancings starting to bite finaly.
I can't wait for those LCD and Plasma TV prices to tank once they get that glut of inventories.