Answers I Really Wanna Know: The Turnaround Tuesday Knee-Jerk

Todd Harrison  Aug 19, 2008 10:06 am

Answers I Really Wanna Know: The Turnaround Tuesday Knee-Jerk
 
Are traders watching for a counter-trend day?
 

 


R.P.

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08-19-2008, 11:05 am
WRT bargains - elephants 2 for a quarter are a bargain, if you have a quarter, and need elephants.
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08-19-2008, 11:16 am
I don't follow anything that you just said.

White Elephants are 2 for a quarter. Kinda like the 3 venues in Orlando, Florida that they are building. Venues that maybe 10% of the public will use but 100% of the public must now pay
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08-19-2008, 11:32 am

If housing prices are going to fall 50 percent don't they first have to fall 25 percent?

Is it a bargain to buy a house that you will be underwater on within two years?

When 78 million baby boomers enter assiste
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08-19-2008, 11:53 am
Agreed. The demographic projections for developed nations suggest there might be an over-supply of single-family homes. As I've said here before, the homebuilder industry's business model is broken, following this analysis.


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08-19-2008, 9:51 pm
.... Yes, with tons of nearly new repossessed houses on the market, in some areas almost whole vast subdivisions, the homebuilders industry is broken... builders would have to sell at or even below cost to move most newly built houses... NOT a viable
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Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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