Tag: homebuilding index

Homebuilder Stocks Still Not A Good Buy

| August 11, 2008 | 0 Comments

Stay away from the homebuilder stocks.  Mark my words.  Now’s not the time to go bottom fishing in this beat up industry.  Despite a rally in the S&P Homebuilding Index (XHB), now’s not the time to buy. Why am I so convinced? Because 62% of homeowners are crazy.  Yes, Crazy. Let me explain myself.  Just […]

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