A Fricken Flock of Foolish Sheep????
Is that what the mainstream press thinks we are with headlines like the following:
Existing-home sales stoked
U.S. Dec. home sales stronger than expected
December Existing Home Sales Rise Unexpectedly
NOW SOME FACTS:
Sales in December were DOWN 3.5% from the previous December.
The median sales price fell to $175,400 in December, down a record 15.3% compared with a year earlier.
Hello!!!! Anyone Home????
Prices are CRASHING!!!!! At a record pace!!!!! Volume is going Down not up as the headlines suggest. Could you imagine the market cheering because stock prices are crashing????
And based on headlines like the above...the sheep make decisions. But not those who compulsively apply the principals of Alstrynomics. Focus on the facts and apply them to reasonable conclusions.
May you score lots and lots of points in upcoming weeks.