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Taking profits on homebuilders is not a bad idea


               
2012 Sep 28, 11:37pm   1,070 views  1 comment

by MoneySheep   follow (0)  

A chart put together by economists at RBC Capital Markets, LLC shows why investors should consider pocketing some of those outsized homebuilders gains. The chart tracks the post-bubble behavior of tech and housing stocks.

http://blogs.marketwatch.com/thetell/2012/09/28/two-charts-on-tech-bubbles-show-why-the-homebuilder-rally-looks-frothy/?source=email_rt_mc_body&ifp=0

#housing

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1   Raw   2012 Sep 29, 1:51am  

You never know with stocks. They are emotionally driven and usually overreact at the drop of a pin.
Sell the homebuilder stocks and use the profits to buy homes from the same builder.

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