Ceragon Networks Ltd.
Technicials show this stock is forming bullish pattern for short term target of $20, but any pull back is strong buy on this position as its in oversold condition, Wait for short term reversal to load this position.Recent +ve earnings and raised the guidance FOY 07-08 will make this stock for medium to long term BUY.
Is housing bubble going to burst in near future? And at what rate we would see that decline? One analyst say that housing could drop till 2009 and then you see it recovering in 2010.How about mortgage Companies doing with recent sub prime? AHM got crashed recently and shut down thier operations.Are mortgage co lining up to shut down thier business? Wishing not and willing to hear a +ve news from Uncle Ben this tuesday for any reversal in markets if he has any proposal of cutting interest rates in near future term.
Back in 2006, “I’m projecting the first [nationwide] price drop since the Great Depression,” David Lereah( chief economist for the National Association of Realtors.) said. “We’re going to have negative home prices in 2007.”
Is this true? Now lets take a look at the charts for analysis.
May-Housing Index
July-Housing Index
