Monday, April 12, 2004

I will have more on this in a comment this evening, but housing stocks and REITs are really taking it on the chin again today.  In the past, such a dramatic decline from new highs in those types of issues lead to the "crashes" in equities in 1987 and 1998.  Not a reason on its own to sell everything and hide, but I think it deserves some attention.  2:17:11 PM