O.K. that answers it, regarding the builders I just saw a report that Beazer and HOV had huge short positions, Beazer was over 55%, the bounce can be explained by the short positions covering and profiting, shorters as opposed to fundamentals are now driving the market, crazy world. Since i failed to make big bucks in the short positions at some point even that free money will end, do I get to bail out the last attendees to the short market party too. It’s frightening to see Asian and European markets tank over some bad loans in CA and FLA, my neighbor pays too much for his house, gets a heloc hummer and a new rack for his wife causing some guy in Japan loses his retirement savings, this world is so crazy if they sold tickets to it, I’d buy two.
