ITB ... Never thought this

    ITB ... 

    Posted by mla127 on 11th of Jun 2021 at 12:10 pm

    ITB ... Never thought this would lead to such downside when I first started posting it as a topping candle on May 11th ... lol 

    Not much into narratives, but

    Posted by rjdst on 11th of Jun 2021 at 12:19 pm

    Not much into narratives, but good for context... I've been looking for a place in Colorado.  Went out there last week to look around.  Visited with a half dozen medium to large-scale home-builders.  Same story with each one... their current developments are sold out and they don't have new ones ready to go.  

    It typically takes years to sell all the homes in a large development, so they have time to tee up their next location.  Some were looking at start dates 18 months out, some had nothing new tee'd up at all.  Years of revenue have been condensed into a very short time frame and it sounds like the next 12-18 months could be pretty lean for them.


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