Last August I said to buy a package of housing stocks since I thought all the bad news was in the stock prices. In six weeks I made an easy 20% ( the stocks proceded to go up an additional 20%) Now I am saying to put these stocks on the radar screen. I AM NOT SAYING TO BUY NOW !!!! I will, at some point, sound an all clear when I am ready to pull the trigger. But in the meantime it bears watching these stocks and how they react to news regarding sub prime, alt-a, and prime mortgage loans, further cancellations, foreclosures and land sales, interest rates and earnings estimate revisions. When the stocks do not go down any further even as bad news gushes out, then you will know it is time to put on 1//4 to 1/3 of your positions. AGAIN I REITERATE DO NOT BUY NOW !!! But keep your eyes open and your powder dry. TO BE CONTINUED.