Carl leason

Hovnanian Enterprises: 'The Housing Market Has Bottomed'

You are right on target ! One week's activity does not mark the start of a trend ! Like you ,..I would rather start looking back to see where the bottom is rather than to start thinking that's it's already here !
HOV is going to have to run a lot more "fire sales" before they find the bottom . They have a LOT of inventory to move ! LC