3 replies to this topic

[redfoliage2]

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.

Edited by redfoliage2, 19 June 2007 - 07:43 AM.

[ogm]

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.

[skyymaster]

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.

[relax]

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 see¨

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.