InvestorsHub Logo
Followers 26
Posts 3063
Boards Moderated 0
Alias Born 07/07/2002

Re: None

Thursday, 09/05/2002 12:18:01 PM

Thursday, September 05, 2002 12:18:01 PM

Post# of 704019
It's comical to watch CNBC, which is pimping housing today. Lets see, stock is an unsafe place to put money, therefore you kids should keep all your money in an even more leveraged asset class (the initial margin requirement for stock is 50%, the initial margin requirement for house is only 20%; even that minimal requirement can be engineered away with modern leveraged financing) with even lower turn-over rate (i.e. price determined by an even smaller per centage of total outstanding). All this while the home builders are ready to make a nasty double top in the next few days.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.