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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Grandk who wrote (21102)11/30/2000 1:31:49 PM
From: freeus  Read Replies (1) of 65232
 
OH my gosh,
you must be joking, why would anyone ask me anything?
Home Depot is the premier home building supply company in the world. They do well in good and bad markets: bad markets we all fix up our home and noone sells and buys "up"...in good markets we go buy a bigger home and the professional home builders are buying.
When this market turns, whether it's in early or late 01 (I do think it will be '01) HD will go back up to the 70-80 range, a double or an almost double from here. I don't think it has more than a point downside risk.
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