Friday, June 06, 2008

who is moving where?

Please note that for the group strength for 1 day 5 days and 30 days, the dominating group is COAL. Yes, the Filthy Dirty Coal WHERE ARE THE GREENS?
Can anybody tell me how come the HOME BUILDERS INDEX is -22% last month and Home Furnishings are Up 12% People buy furniture instead of homes these days? I guess furniture is still cheaper than the HOME(:-








7 comments:

john said...

JRCC.

old john

boris said...

Yes, Dear John,
JRCC
Good Trading

john said...

Boris,

Sold too soon. 17 to 34- oh well, todays SPY is doing ok so far-

old john

boris said...

Dear John,
You are living proof that in the market all you need is patience and size control/management. And you may need some help from BORIS, but the first two are more important(:-

Good Trading

john said...

Boris,

It is people remodeling instead of trying to move. My wife just brought up the subject last week about my present house. If your house is paid for and you are stuck, might as well have it as you like it. Funny you mentioned it, she was just talking about it.
Lots of foreclosures in some very nice Chicago suburbs, neighborhood paper had pages of them. 500,000 and up houses.

old john

D said...

The mortgage IV has been cutoff, credit cards haven't...YET! Need to dump retail/consumer electronics holdings and reverse short first!

BTW, checkout PCX

Added that one on April 21!

boris said...

Dear John,
Dear D,

Really great insigths.

Good Trading