Home Depot Inc. said on Wednesday it expects per-share profit to drop in 2007 due to the U.S. housing slump hurts sales. It is also increasing spending to improve older stores in an attemtp to gain market share. I don't think we have hit bottom just yet. The housing market
needs to see more carnage before a bottom can be called.

I think homeowners are maxxed out on their credit. I don't know where the spending will
come from?