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Non-Tech : Invest / LTD
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To: bw who wrote (3146)9/21/1998 2:40:00 PM
From: Thean  Read Replies (4) of 14427
 
bw, about your bread and butter issue - interest rate. I read over the weekend that national average home resale has declined last month and is expected to decline again this month, signaling the peak has been reached. I'm looking at HD, LOW, BBBY and companies like that for short/puts going forward. What's your thought.

Doc - Nice trade. I was also "scared" into covering AFS earlier but still hold KRB short. Who is CMB (the one you listed)? According to Pete's research, the deadline for the evil tower to file 10Q is actually the Sept 29 or somewhere there so they have not violated anything yet. Tell you this evil tower is the evil of all evils, with volume over 1000K one day and 10K the next. It has also got support at $21 twice now so I think some of its worshippers are buying. I wonder if there are still shares to short on this one. Not covering.
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