look at these things GO!!!
:eek:
:eek:
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housing crash
- Thread starter silk
- Start date
Quote from SethArb:
-Toll Brothers Cuts 2006 Deliveries View-
guess that explains the gap down in TOL today
ok ... when we say housing crash here are we talking about the sectors stocks or real estate prices ?
have any REITS warned in the last 90 days ?
The REITS are being squeezed big time, just a matter of time before they fall hard...
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-08-2005/0004210530&EDATE=
"Impac Mortgage Holdings, Inc. reports third quarter 2005 estimated taxable income was $30.3 million as compared to $49.6 million or $0.69 per diluted common share, for the third quarter 2004. Joseph R. Tomkinson, CEO, commented 'We continue to operate in a very challenging environment with
decreasing margins in both the secondary market and in our investment portfolio. We believe that our adjusted net interest margins..and subsequently estimated taxable income may continue to come under some pressure."
http://home.businesswire.com/portal...d=news_view&newsId=20051107006366&newsLang=en
"Saxon Capital, Inc. today announced third quarter 2005 net income of $11.6 million, compared to net income of $38.3 millionfor the third quarter of 2004, and $19.4 million for the second quarter of 2005. 'During the third quarter, we continued to see the unfavorable market conditions that we discussed in the second quarter,' said Michael L. Sawyer, CEO of Saxon. 'The continued rise in short-term interest rates, and accelerated prepayment speeds, coupled with the extended period of muted market pricing increases continue to adversely effect our results.'"
can i hear a big "thank you jesus"!!! As of friday...
Short 500 DHI
Short 500 HOV
Todays profit? $2800.
And to think i was about to go flat after getting battered on these guys last week!
surely after the wointer season there will be much lower sales, and maybe some of the backorders will fall through.
i am short..and i am going to sit and wait...
Short 500 DHI
Short 500 HOV
Todays profit? $2800.
And to think i was about to go flat after getting battered on these guys last week!
surely after the wointer season there will be much lower sales, and maybe some of the backorders will fall through.
i am short..and i am going to sit and wait...
lol. look at these stocks go.
they did go...i had to cover for a loss.
they will surely come back down..looking for a signal.
i see no reasonable mean that these stocks can continue to the upside or the companies grow profits in the near term.
any long play on these should be very short term and very well watched.
they will surely come back down..looking for a signal.
i see no reasonable mean that these stocks can continue to the upside or the companies grow profits in the near term.
any long play on these should be very short term and very well watched.
Quote from silk:
YIkes. The Housing Crash is happening.
They have been talking about it for last 2 years and I have yet to see a crash. In about 2 years housing prices barely gone down 4.5% nationally. Is that all?
BTW why did you raise this dead track from the ground? Any particular hate emotions ?