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Politics : High Tolerance Plasticity

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To: CpsOmis who wrote (10805)11/29/2001 12:32:49 PM
From: jim_p  Read Replies (2) of 23153
 
Cosmo,

I just shorted BZH also. I've been watching it and it seems to have a pattern of selling off in the morning and ticking up in the afternoon.

BZN seems to have a lot of debt, and will be leveraged to any increase/decrease in activity. It also has been up in each of the last 5 days and has been trending up while most of it's peers have reversed down. Seems to have resistance in the 62-64 range.

Everyone I talk to tells me the real estate market is getting soft in there part of the country.

I took a large position also.

Good luck,

Jim
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