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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Softechie who wrote (14419)10/29/2002 2:46:31 PM
From: Bruce A. Brotnov  Read Replies (1) of 16631
 
softecth: On a day when the market is selling off, why is HOV up? Are you still shorting HOV? Pretty good support at $36 as it has bounced off there twice lately.

You may have to wait awhile trying to short the "housing bubble".

DOW PE is 21.1 vs 29.7 for 5 year high and 18.8 for 5 year low. The peak was in March of this year, aren't you a little late in calling the "market bubble"?

Bruce
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