anyone know of a good site where i can find historical financial ratio data for stocks (like p/e or from 3 or 5 yrs ago), i found a decent one on morningstar but some of it is incomplete
todays action reminds me a lot of the homebuilders back in late 06 when they began their big write downs and actually moved up on the thinking they were coming clean with their losses.
earlier this yr i had my moneymarket sweep go into a Pennsylvania muni and after i saw the first mentions of ARS security problems in jan/feb i looked at the holdings and noticed that about 80% of it were variable rate notes and have had it since then in cash. With rates so low now its...
wow looks like some sore losers on here hoping for the market to give them some glimmer of hope and actually go against reality lol
at least the market will bottom someday in the future for ya so keep on hoping :)
most of the rally is from short covering plus expectations of future changes with the gse's, historically homebuilding bottoms with new homes sales at 400k so quite a bit more down to go, if they rally a bit more I may reenter to short a few