Sunday, July 15, 2007
Housing corrections and stock corrections related
Tim Wood, in Financial Sense (13 July), tracks housing cycles and the Dow, and predicts a drop in the Dow sometime, to follow the drop that has already occurred in housing. He also sees a series of 4-year cycles; Contrary Investor connects the Dow and Presidential terms, in an article earlier this month.
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4 comments:
Here is the historical truth. At
Real Dow & Real Homes & Personal Saving
http://homepage.mac.com/ttsmyf/RD_RJShomes_PSav.html
there is
“Recently and unprecedentedly,
home prices AND stock prices (expressed in consumer purchasing power)
are contemporaneously far above extrapolated historical trends.”
Many thanks - for some reason Blogger comment is cutting off the last bit (I've tried putting in the whole thing myself) - readers should copy and paste into their browser and add "html" after the "PSav." - and the graph is certainly striking.
... looks like the problem righted itself anyway!
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