Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: MulhollandDrive who wrote (48325)	10/23/2003 5:54:00 PM
From: AugustWest	Read Replies (1) of 57110

Hi MD, thanks. instead of "despite" higher interest rates...i would have concluded "because" I would have to agree with you. I suppose it is all in one's perspective. You know, I've been piddling around with PHM since it was in the mid 30s If I wasn't so damn stubborn and just accepted the fact that housing bubble was gonna continue(back then) I could have scored an easy double and then some. So here it sits near the HOD of 85 and a new all time high And I'm just wondering how much longer it the whole housing thing will last. Fortunately for my account I've learned a while back not to screw around with large positions on such thinly traded stocks. You know, at one point today it(PHM) had a spread of 85 cents between the bid and the ask. Definitely not a lot of fun being on the wrong side of the trade

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