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Eric Fox's
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When I said a turn I meant the stocks, not housing prices. Look at it this way - the Homebuilder stocks peaked in the summer of 2005. This was long before all the metrics that are used to track Housing turned bad. Therefore, it is logical to conclude that the same thing will occur at the bottom. Stock prices will bottom before metrics that are used to track housing turn up.
Dec 05 10:19 am
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All Comments by Eric Fox »Are Things About to Turn Around for Housing? [View article]