Boy has this guy from Citibank, the bank that just took a huge hit in the subprime market is telling investors to jump into the builder stocks.

I visit homebuilder model centers here in Florida on a regular basis, I believe this analyst needs to do the same.

This past week builders sites seeing 4 to 12 visitors a week with most of them looking at furnished models. Sales in some areas, 75% of asking price and very lucky if they do. Sales staff turnovers like a tornado, why, because you cannot live on $500 a week draw against commission. This guy from Citibank needs to position his words more towards knowledge than that of jumping into a gambling casino, buying for fundamental reasons does not justify any reason for buying builder stocks. Stay away from them for a long time.