I have decided to seek respite from the heat of Phoenix and spend a couple of days in breezy San Diego. I’ll be in and out, wifi permitting. In my absence I thought I’d leave Doomers with some "interesting" investment advice I stumbled across to mull over:
I’m watching. I’m waiting. The time will be here soon…
The last time we saw this setup, you’d have made 400% on your money in just 16 months. We’ve only had one other setup like it, though it wasn’t quite as strong… and you’d have doubled your money in 13 months.
I’m talking about homebuilding stocks. Yes, I know, the outlook for homebuilding companies could hardly be worse…
But think about that for a minute. If things can’t get much worse, then they can only get… better.
I’m of the opinion that things in fact can get worse, but that’s just me. Today we’d like to hear your opinion on anything housing related, as well as your links, comments and ideas.
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