The future for durable goods looks bleak.People's pay checks are decreasing while consumable prices are increasing. The pinch will definitely be felt by the appliance folks. I would consider taking my profit now and getting back in at a lower rice later.
Understood where you were going here. Way overbought and for quite sometime. IMHO with all the garbage and misinfomation in the news about new housing and existing home sales and lower inventory of homes and people buying or not buying; increased building and next day reductions in building you dont know what or who to believe. I dont see all the increases in housing but I see and hear that people can NOT afford to put high priced gas in their OLD cars so I believe my eyes and ears in what I see around the country. Good trading. ALL need to do their own homework. I am making my trade based on what I see and so far my eyes and ears see and hear much clearer than the garbage BS news! Good luck to all.