Today's Headlines
Started by Apt_Boy
almost 18 years ago
Posts: 675
Member since: Apr 2008
Discussion about
U.S. Stocks Retreat on Housing, Energy Concern http://www.bloomberg.com/apps/news?pid=20601087&sid=aWGuPx_i83IY&refer=home U.S. Economy: Home Resales in U.S. Decline, Inventories Climb http://www.bloomberg.com/apps/news?pid=20601087&sid=aS8rWyvV0osg&refer=home Sales of existing US homes fell 1% in April, slightly better than expected, but inventories of unsold homes surged 10.5%,... [more]
U.S. Stocks Retreat on Housing, Energy Concern http://www.bloomberg.com/apps/news?pid=20601087&sid=aWGuPx_i83IY&refer=home U.S. Economy: Home Resales in U.S. Decline, Inventories Climb http://www.bloomberg.com/apps/news?pid=20601087&sid=aS8rWyvV0osg&refer=home Sales of existing US homes fell 1% in April, slightly better than expected, but inventories of unsold homes surged 10.5%, according to the National Association of Realtors. http://www.cnbc.com/id/24791169 Home Prices Post Record Declines In First Quarter http://www.cnbc.com/id/24774352 JP Morgan Chase Launches Major Round of Layoffs http://www.cnbc.com/id/24786954 Oil Nears $133, Helped by Dropping Dollar and Output http://www.cnbc.com/id/24782739 [less]
so does the savvy investor follow the heard and panic . . . or take advantage and buy . . . hmm, what would mr. buffet say? ;)
Mr Buffett is not buying real estate. He is shopping in Europe for companies. Real estate is not yet cheap enough.
Waaaay too early to buy. As Rothschild said, time to buy is when blood is running in the streets . . .
Is that what you are waiting for KISS, hoping, dreaming for, expecting? Blood in the streets?