Saturday, Dec 08, 2007
Could have a point !
Telegraph: Builders at knockdown prices
Robert Cole argues that the builders are dirt cheap at the mo. Could be a good time to pick up a few shares.
Also said:
"Once homebuyers lose faith in their hope that house prices are a one-way bet, the market could find itself well and truly stuck."
Posted by voiceofreason @ 08:47 PM (316 views) Add Comment
2 Comments
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1. Landedgentry said...
I'm sure some 'analysts' were recommending dot.com stocks on their way down.
2. planning4acrash said...
Yes, but I'd wait to see an upwards trend (not a bull trap, if one occurs). Same is true for banks that have lost 50-80%, but I wouldn't touch em with a barge pole until the credit storm has blown over.