Monday, June 19, 2006

Housing Stocks as a Leading Indicator

The decline in housing equities may be indicating we are heading for a recession in 2007 according to this ex-Value Line employee. I wonder if Mrs. Buttner would agree?

"Charts provided by Value Line (where I used to work) showed an interesting head and shoulders pattern for the housing stocks. As a fundamental analyst, I must warn that technical analysis is not my forte. On the other hand, as a long-term investor, I am well equipped to monitor a pattern that actually took several years to unfold, and therefore might have been missed by people looking at patterns over a period of say, 200 days."



Anonymous nemo said... our govenor we will not put up with this anymore

Monday, June 19, 2006 8:05:00 PM  
Anonymous Anonymous said...

Nicely said!

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Sunday, June 25, 2006 9:49:00 AM  
Anonymous Anonymous said...

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Sunday, July 16, 2006 12:53:00 PM  

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