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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sammaster who wrote (174627)6/22/2002 6:53:23 PM
From: Square_Dealings   of 436258
 
I've been thinking home builders would tank for some time now and I've lost some money trying to short them. The problem is I think the PE ratios on these stocks are low and money managers are using them as parking places for money as they sell the brokers and techs. I think whenever the stock market bottoms, interest rates are going to reverse along with the homebuilders.

I think FNM FRE HI and CCR may be better shorts at the moment.

M
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