pairadox

Not Yet Time to Buy Homebuilders

"People who time the market get killed..." "Timing the market is a fool's game". Those are comments made with reference to buying stocks when the news is pessimestic. But isn't declaring "the recession has just begun" also timing the market? When it becomes common knowledge that the economy has recovered, home building and financial stocks with be at their 52 week highs. Many will wonder why they didn't buy in at the low point.