Homebuilders - Short covering, as I said…Cramer is wrong

March 27, 2008 1:26 PM

I posted a few days ago that housing/homebuilders was nothing more than a short covering rally and to avoid. Cramer was roaring his bull on these…I said wrong, wrong, wrong. They got crushed yesterday. That is still the case and all are a a strong avoid, IMO. This is a bear value trap and Cramer is 100% wrong, IMO.

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