Wednesday, April 25, 2007

While the DOW climbs to alltime high as US housing market dives

Dow Jones powers past 13,000 mark

The two just don't seem to add up and I suspect that in the long term in an economy propped up by cash borrowed on the back of property that there will big trouble will be ahead!

Posted by enuii @ 05:27 PM (519 views)
Please complete the required fields.



4 thoughts on “While the DOW climbs to alltime high as US housing market dives

  • If this isn’t the shorting opportunity of a lifetime, I don’t know what is.

    Reply
    Please complete the required fields.



  • Housing has been seen as surrogate investment after the burst of the dot.com bubble.
    House prices were out of line with fundamentals, but share prices are not that high (P/Es are aligned or below long term average in most markets, with exception of some emerging countries.
    With people pulling money out of property, expect more money to go into equity markets, BTW these have returned in excess of property over the past three years, also here in the UK. There could be heavy volatility going forward, though.

    Reply
    Please complete the required fields.



  • sold 2 rent 1 says:

    harold,

    Hold fire. These idiots have a little bit higher to go.
    Then it’s a dream. I am gearing up for it.

    If we get past the mid May dip then buy put options in early June on new highs..

    Reply
    Please complete the required fields.



  • I saw this movie 7 years ago. Many people had new ones torn.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>