Homebuilder Performance and Revenue Matrix [View article]
The cycle is almost bottom, and sometimes we can also be surprised by how fast things change too. We cannot point to a bottom until one is formed, for me, I bought in Feb 2008 HOV and I said to myself I must be crazy. Yet, the last time we had tech bubble, I kicked myself for not buying in Yahoo when it was below 10 a share. I still remember that day that I was off from work and was looking at the market the entire morning and I though Yahoo could go down more and everyone else was saying gravity would pull Yahoo further down. I listened just when everyone was saying the same thing.
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The cycle is almost bottom, and sometimes we can also be surprised by how fast things change too. We cannot point to a bottom until one is formed, for me, I bought in Feb 2008 HOV and I said to myself I must be crazy. Yet, the last time we had tech bubble, I kicked myself for not buying in Yahoo when it was below 10 a share. I still remember that day that I was off from work and was looking at the market the entire morning and I though Yahoo could go down more and everyone else was saying gravity would pull Yahoo further down. I listened just when everyone was saying the same thing.
Apr 22 21:16 pm
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