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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: James Clarke who wrote (8694)10/20/1999 12:14:00 PM
From: jeffbas  Read Replies (1) | Respond to of 78662
 
On homebuilding stocks, LEN and CTX continue to make new lows, at 13 3/8 and 24 11/16 respectively. On out of favor stocks, I tend not to look at apparent valuation but at the charts to tell me where they might go. That is about 10 on LEN and 20 on CTX.

Of course, on interest rate sensitive stocks, you have to also look at the level and trend in interest rates, which suggest that the chart targets may be reached.


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