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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Siddhartha Gautama who wrote (57170)12/13/2004 9:07:14 AM
From: Ramsey Su  Read Replies (1) of 74559
 
I am watching.

e.g. this week, we have LEN reporting on the 15th, KBH on the 16th followed by housing starts on the 16th also.

LEN already warned that they are going to deliver about 600 less home than projected due to hurricane, slower Calif and Vegas. I believe the recent environmental arsonist fires were LEN homes. So they are probably not going to be as wildly bullish as TOL was last week.

It could be a very interesting setup if the homebuilders continue to rally this week before the LEN earnings release.
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