HomeBuilder’s vs Financials

I’ll have something this afternoon on the Housing Market/Homebuilders. Meanwhile, before you get too excited about the Financials (Doug!), have a look at this chart:


Chart courtesy of Jim Walker, Asianomics

It suggest quite a few untoward things about the FINs.

Note: I am not implying that they should trade identically to the Homebuilders — just that its quite possible that there is still more risk in them . . .


Economic Wave Theory
 Dr. Jim Walker
Welling@Weedon, 1/25/08   

Category: Economy, Finance, Real Estate, Technical Analysis

Dear Ben . . .

Category: Economy, Federal Reserve, Inflation

Pre-State of the Union Poll

Category: Economy, Politics, Psychology

End of January Linkfest

Category: Financial Press

Fun With Data Analysis: The Art of the Plausible

Category: Apprenticed Investor, Data Analysis, Markets, Mathematics, Quantitative

NYTimes, Société Générale, & Me

Category: Corporate Management, Credit, Derivatives, Federal Reserve, Media

The Bulls, The Bears, & the Media

Category: Economy, Financial Press, Media, Psychology, Weblogs

Black Friday Night Jazz



On days like this, where the market opens up over 100 and closes down 170, I always get that "Black Friday" feeling — that no one really wants to carry much equity exposure over the weekend.

On rare occasions, these days set up ugly Mondays (Wait! Didn’t we just have one of those?)


But its Friday night — Enough market talk! Its time for some jazz to mellow out to.

I’m a big Steely Dan fan. Saw ‘em live a few times, always loved this song.

Read More

Category: Digital Media, Friday Night Jazz, Music

Conspiracy theory of the day

Category: Derivatives, Trading

Quote of the Day: Ackman on MBIA

Category: Corporate Management, Credit, Derivatives