Housing Rolling Along 2

Copernicus · Feb 3, 2006

the "hot" selling season in Miami continues...

http://www.benengebreth.org/housingtracker/location/Florida/Miami/

unbelievable how much inventory is coming on the market every week, and the big buildings are opening this summer..... crash might be a big understatement to what will happen in the 3rd quarter.

miami is by far the biggest bubble in the country.

Covertibility · Feb 3, 2006

Quote from onewaypockets:

DR Horton is down over 11% this week alone...how are you "managing" your position? Does "Convert" have a stop loss??? Toll Bros down even more, almost 13%. OWP

ROFL. Look at where the DHI was first mentioned, way back in November of 2004 when it was in the 20's and you called it a POS. I'll go back and dig up some posts for a laugh, especially using Dominion Homes as a proxy for the housing sector. Then to make things even more interesting you said publicly traded companies are POS and that private companies are more "honorable." Just for a laugh, why not tell us what company you work for.

onewaypockets · Feb 3, 2006

Would anyone of you buy this chart??? ...right shoulder failure, massive divergence, this chart is a mess. OWP

balda · Feb 3, 2006

TOL is a slow mover it only dropped about 50% in 5-6 months

Covertibility · Feb 3, 2006

Quote from balda:

TOL is a slow mover it only dropped about 50% in 5-6 months

Another one mentioned in Nov of 2004 and more than doubled. I guess when people make such easy money on here, the burger flippers of the world get jealous.

Its nice to retire before the age of 30 and watch the hacks go to work.

balda · Feb 3, 2006

november 2004 TOL on the close was about $25 doubled to $31

Covertibility · Feb 3, 2006

Quote from balda:

november 2004 TOL on the close was about $25 doubled to $31

You mean it didn't get into the $50's last summer?

balda · Feb 3, 2006

Quote from Covertibility:

You mean it didn't get into the $50's last summer?

did you take profits there?

Covertibility · Feb 3, 2006

Quote from balda:

did you take profits there?

lol and this is of your business?

onewaypockets · Feb 3, 2006

Quote from Covertibility:

lol and this is of your business?

No real matter anyway...but it is always nice to know who is on the train before it derails..OWP
:-)