Edited by ogm, 22 August 2007 - 09:34 AM.
Pay attention to homebuilders.... Bullish development
#1
Posted 22 August 2007 - 09:32 AM
#2
Posted 22 August 2007 - 10:35 AM
#3
Posted 22 August 2007 - 10:38 AM
~ Johann Wolfgang Von Goethe ~
#4
Posted 22 August 2007 - 10:53 AM
#5
Posted 22 August 2007 - 11:02 AM
http://stockcharts.com/c-sc/sc?s=$HGX&p=W&yr=5&mn=0&dy=0&i=p10709718058&a=95450372&r=9311.png
#6
Posted 22 August 2007 - 11:10 AM
Massachusetts (where I live) just reported an increase of sales over that of same month last year. Some speculation if the bottom for housing is in here.
Hey Sentient,
I live in MA too. I am actually involved in a real estate investment and I cannot for the life of me figure out what the situation is. Everyone verbally agrees that the market has slowed down (brokers, buyers, sellers), but according to data and comparative analysis I just dont see it. The best I can determine is that last year we had about a 5-7% dip and now we have recovered it. It appears that at least our area (Middlesex county) is at it's highs or at least very very close to them.
What town you in?
Tea,
Wow Tp, pretty amazing display of Fib. retracements. The chart clearly shows that while HGX might have temp. bottomed its not out of the woods by a long shot.
ogm,
what town you live in? you moving out of MA? We sure got a lot of M@holes here.
Can you link that boston housing futures thing? never heard of it...
----
rkd
Edited by rkd80, 22 August 2007 - 11:10 AM.
#7
Posted 22 August 2007 - 12:08 PM
So its GREATER Boston.. very greater
Here is the chart..
#8
Posted 22 August 2007 - 12:30 PM
interesting chart, so what exactly is it? boston futures? each city is traded? i dont get it...
although the data i was looking at, is extremely similar to the chart. HMMM....
I actually live in NH, on the very border with Mass.
So its GREATER Boston.. very greater
Here is the chart..
#9
Posted 22 August 2007 - 12:44 PM
"CME Composite Housing Index Futures (CME Housing futures are cash-settled to a weighted composite index of U.S. real estate prices)"
Hey, I live 30-35 min from Boston.. so it is a Greater Boston Area Its closer to Boston then you , anyway...
Here is the Composite index, btw...
#10
Posted 22 August 2007 - 01:18 PM
~ Johann Wolfgang Von Goethe ~