Overbought. That is one word that never fails to bring a smile to my face.
I’m as bearish as anyone here regarding Housing & The US Economy.
However, just remember one thing. No matter what Fundamentals, Charts, or Miss Cleo say as long as money is thrown, pitched, or shoveled into an asset class it will continue to rise.
And God help anyone who thinks otherwise(stepping off the pulpit now).
