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Why are so many homebuilders and XHB trading where they are? It seems clear that housing still has a long way to fall, and we are in a worse position than in July when they hit their lows.
Sep 26 12:34 pm
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All Comments by bonifiedhustler »Horrid Data: Housing, Jobs, Durable Goods [View article]
PHM, DRI, TOL among others are well off their lows. The market makes no sense. Of course, Jesse Jackson and House Republicans are both protesting the "Bailout" so we live in weird times...