prop up this sector. They are almost in a panic. The bosses at the homebuilders (other and Bob Toll) are telling it like it is: no bottom in sight. Meanwhile, the ever optimistic NAR economists are bullshitting themselves and everyone else that we are at the bottom. Unfortunately, the game is only starting and these idiots know it but won't tell it like it is. Strictly spinmasters with no ethics or credibility except to the type of people who would drink kool aide on demand of a Jim Jones type.
They're having a hard time selling houses with $100k in incentives and no mortgage payments fo 6 months around here (Calif/Nev)yet they claim it's bottoming out? Where do I buy the dope they're smoking?
hey must be in old hang town ca? ha ha didn't or they wan't to change the name? im a clamper and like the old gold history and 4x4 partying . anyway im in (my stock fund )and im curious to buy this etf of the 10 i can buy !im long term and would like to put $40.00 per month in it ,let me know what you all think? tkx j.k.pairman
Friends - I didn't understand that shorting the XHB would result in such a thorough cleaning and re-calibration of a certain part of my anatomy. I believe threads have now been etched into my colon,,,so that a spigit could be inserted and torqued down. Perhaps life will get easier with that spigot,,,even though my trading account is looking rather anemic thanks to the Fed-inspired 'tentative rebound in the housing market' that has lit a fire under the housing stocks. Alas...