Dec 3, 2004

A chart for your thoughts.

Posted by Hello

Click on the chart to see a larger image!!

Here is a graph representing what I said about housing stocks. Some appear to be buying the dollar selloff this AM so maybe my rational will not work out. I was just commenting off the cuff but the chart shows a stronger relationship between the two sectors than I would have imagined.

It is almost as if there is some mystical force (Fed Funds!! Fed Funds!!) driving tangible assets up together.

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