"2007 is Going to Suck"

These cheerful words spewed today from R. Horton Chief Executive Officer Donald Tomnitz at a Citigroup Inc. conference in New York.

The full quotation, from Bloomberg, is: "I don't want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year."

It's worth noting that Toll has been somewhat inconsistent in its market forecasting, to say the least. As Bloomberg puts it ...

"After predicting that the home market was nearing a ``bottom'' in December, Toll last month reversed course as deposits failed to live up to expectations. Today, he tempered his comments by saying the market 'is still beset by speculation'' and that it may take longer in some areas to pare the number of unsold properties."

你听谁的？