Sufiy.: Bear Case Update

Sunday, November 19, 2006

Bear Case Update

Xmas rally came and maybe already gone:

http://www.nytimes.com/2006/11/19/business/yourmoney/19mark.html?_r=2&ref=business&oref=slogin&oref=slogin

Housing pain is noway near end: Bull excesses can be overdone within 6 months of bear market. It is not reaction to the bull - it is NEW BEAR Housing Market - leading indicators turn soar:

http://www.nytimes.com/2006/11/19/business/yourmoney/19mark.html?_r=2&ref=business&oref=slogin&oref=slogin

FED is in the puzzle: to increase or not to increase: save the Dollar or kill housing/consumer/economy/market:

http://www.bloomberg.com/apps/news?pid=20601103&sid=aEv9pgKHpIos&refer=us

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