Homebuilders Hands in Congress' Pocket? [View article]
I too disagree with this obvious bail-out of the homebuilders, Reminds me of the Fed Reserve bail-out of Bear Stearns. On the other hand I'm not so sure I'd be shorting the XHB given the strong, positive action of its chart lately. Sure looks like it's headed up -at least short term.
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I too disagree with this obvious bail-out of the homebuilders, Reminds me of the Fed Reserve bail-out of Bear Stearns. On the other hand I'm not so sure I'd be shorting the XHB given the strong, positive action of its chart lately. Sure looks like it's headed up -at least short term.
May 29 14:34 pm
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All Comments by Kayboe »Homebuilders Hands in Congress' Pocket? [View article]