Merrill Lynch Analyst: July Housing Numbers Overly Optimistic [View article]
To cusin stump,
Your comment makes no sense to me.
As far as the article, it raises good points about the difficulty of looking at the recent statistics as a bottom. The best you can say is that the rate of descent has diminished.
Only after things start to rise can you say that a bottom has been reached.
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To cusin stump,
Aug 28 11:10 am
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All Comments by billddrummer »Merrill Lynch Analyst: July Housing Numbers Overly Optimistic [View article]
Your comment makes no sense to me.
As far as the article, it raises good points about the difficulty of looking at the recent statistics as a bottom. The best you can say is that the rate of descent has diminished.
Only after things start to rise can you say that a bottom has been reached.