The Five Dumbest Things on Wall Street: Feb. 29

1. Toll's Take on Depressing Talk

Take a sounding of the housing market at any depth and you'll agree that it can be officially declared a "Worst Since Market," as in "worst sales since the early '80s," or "worst drop in home prices since the Louisiana Purchase."

On top of that, we're in a credit crunch, and with indisputably slower economic growth, a recessionary environment is at hand.

Wait. Did I say there was a possible recession at hand?

There I go again. Flapping my gums without thinking, and in the opinion of Toll Brothers'(TOL Quote) CEO Robert Toll, destroying home prices with my keyboard and a song. ...