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August 27, 2008

Homebuilders are Fine. Everyone Back in the Pool

Just in case no-one else has noticed, apparently all is well with the homebuilders. After spending the last few months in the doldrums (and spiking way up earlier this year), the S&P Homebuilders SPDR is now almost back to breakeven for the year.

I guess everything’s now okay. Build on!

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