Seeing as how the homebuilders' stocks bottomed in July and have outperformed the S&P 500 since then;
Seeing as how the homebuilders's stocks still (as of mid-Jan) have nearly universal high short interest in terms of days to cover;
Seeing as how your economic-based "read" on stock market direction has been persistently bearish in the face of a prolonged rally, and that "housing" has been a big contributor to your economic viewpoint – based on the 3,710 mentions of "housing" that Google finds on your site;
I have come to the conclusion that your compiled work on "housing" over the last seven months will go down in history as a major contrarian indicator, just as your
cult of the bear I, cult of the bear II, cult of the bear III, BW 2004 prediction, BW 2005 prediction , and BW 2006 prediction have.
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Seeing as how the homebuilders' stocks bottomed in July and have outperformed the S&P 500 since then;
Feb 08 10:16 am
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All Comments by NO DooDahs »A Look at Foreclosures per State [View article]
Seeing as how the homebuilders's stocks still (as of mid-Jan) have nearly universal high short interest in terms of days to cover;
Seeing as how your economic-based "read" on stock market direction has been persistently bearish in the face of a prolonged rally, and that "housing" has been a big contributor to your economic viewpoint – based on the 3,710 mentions of "housing" that Google finds on your site;
I have come to the conclusion that your compiled work on "housing" over the last seven months will go down in history as a major contrarian indicator, just as your
cult of the bear I,
cult of the bear II,
cult of the bear III,
BW 2004 prediction,
BW 2005 prediction , and
BW 2006 prediction have.