islandcreek

Shorting the Homebuilders as Their Stocks Surge

As a financial advisor for more than 27 years, I also lived through the S&L crisis. I agree with tomris and bill miller. If you look carefully at the chart of Pulte, for instance, it had a rally of better than 25% from june, 2006 through feb 2007. I believe that was the rally before the futher decline that you think you see now. Nine months from now the present crisis will be history. Don't fight the last war.