Pulte Homes (PHM) or Gafisa (GFA)?
Trader Mark (September 4th, 2008) Writes:
This market will drive a sane person batty at times, I have to tell you. Remember about 2-3 months ago, every day oil dropped people ran into technology stocks as a "safe haven"? We were shaking our head sadly and saying, how is this a safe haven... in time this will be proven to be a false assertion. But that did not stop the stocks from running up 5-10-15% each time oil dropped a few bucks as hedge funds had to find something to "play". Remember, as we always say, perception is reality. Until reality strikes. Lately we've seen poor earnings from Dell (DELL), we've seen bad news out of the semiconductor industry yesterday, Corning (GLW) is struggling, we've seen Qualcomm (QCOM) ...
Tags for this Post:
Bill, bloomberg, Brazil, cable television network, Cable Tv, Cavarge, Cell Phones, Corning, day oil, Dell, Equity International, food, Horton, Jefferies, Lennar, Market Commentary, Oil, Oil Prices, Paul Jacobs, Pulte Homes, Qualcomm, Real Estate Developer, real estate mogul, retail, Retail Stocks, semiconductor, Technology Stocks, time oil, traded real estate sector, United States, USD
Bill, bloomberg, Brazil, cable television network, Cable Tv, Cavarge, Cell Phones, Corning, day oil, Dell, Equity International, food, Horton, Jefferies, Lennar, Market Commentary, Oil, Oil Prices, Paul Jacobs, Pulte Homes, Qualcomm, Real Estate Developer, real estate mogul, retail, Retail Stocks, semiconductor, Technology Stocks, time oil, traded real estate sector, United States, USD


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