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Ryland Group Inc. Message Board

  • ted42001 ted42001 Dec 29, 2005 2:26 PM Flag


    What am i missing! If the recent new's has been bearish than who would be buying.I believe that when the new year starts their will be a sell off. Any other shorts have a comment.

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    • Let's see;
      1) Tens of millions of Mexicans pouring in.
      Population 1986: 240,000,000,
      Population 2006: 300,000,000...this is 3rd world size runaway growth!
      2) Super low interest rates, the Japs and Chinese keep 'em low so Joe can borrow and buy Toyotas, Nissans, Kias, and stuff at Wal-Mart.
      3) No-qual, no-doc, interest-only loans to ANYONE, even illegals.
      4) FOUR TRILLION in new debt in 4 years from the Greenspan housing bubble and refi party has kept the economy going.
      5) Fed support, low rates and tiny 1/4 point hikes, so they don't pop the bubble.
      6) Quick, easy profit from speculation and flipping houses.
      7) A mania of historic proportions.
      8) Super bullish confidence that the Fed will support the markets no matter what happens.
      9) Wal-Mart, the HB's and Burger-King are hiring the Mexicans for low wages
      10) Huge stock buybacks. the owners have made BILLIONS off foolish debt-ridden home buyers.

      So why does it end? IMHO...ONLY higher rates can pop the bubble and start things going until that happens every dip will be bought.

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