Monday, August 30, 2010

The Worst is Over

Here is my latest post on "The Art of Contrarian Trading".


Adsense said...

Hi Carl
Housing stocks and ousing are 2 different
products . i bought a house in april 2009
and was negotiating from jan to march of that year . the problem right here right now is housing sales over the past 25 yrs of data
show that home sales decline from aug sept to feb march each year . to suggest now is the time to buy housing stocks ( the worst is over ) is pre mature . .

Laurence said...

Surprisingly Carl, you never in any of your analysis mention the steady contraction of the money supply over the last three years. Sure, there have been intermittent periods of stabilization, brought on by Fed and the Obama admin but each time one of these programs has ended the deflationary spiral has shown its ugly head. The latest is the mortgage support. Until these knee-jerk attempts are ended for good we will never end the real estate problem. It is plain silliness to indicate that housing has bottomed without any evidence. A bounce in housing stocks does not indicate anything other than a bounce.

smcneill said...

I wish the charts would start saying that.