***Homebuilder stocks on Friday, I have 9 homebuilder stocks I'm watching, and they were all red on Friday, BZH, CTX, DHI, HOV, JOE, LEN, PHM, RYL, and TOL. However, volume didn't particularly confirm the move, but we all are aware by now of how important the housing sector is to the economy and the psychology of the masses as well as the creation of what may very well turn out to be a sense of "false wealth," should the housing sector begin to noticably decline any time in the future then I could only imagine how detrimental its impact would be to consumer confidence and that would equate to a potential knockout blow to two-thirds of our GDP...
HI-HO SILVER !!!