Housing Index...I guess 23 years of "hardened financial" battles and experience can pay off! Investing/trading is a learned art......you're never to old to keep learning!
Look at the date of this post, It was the "ultimate time" to go short housing/building stocks if I may say so..... with the least amount of "risk"!!
Posted by: roguedolphin In reply to: FinancialAdvisor who wrote msg# 10224 Date:8/6/2005 2:07:30 AM Post #of 12433
DING DING DING!!!!!! I'm ringing the bell here for the end of the building boom after all these years!!!
Fundamentally I believe all the "ducks are lined in a row" to put an end to the LONG LONG LONG building and housing boom.
Technically....look at those classic "bearish divergences" on the housing Index chart. New highs were "unconfirmed" by both RSI and stochastics.