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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (35329)11/30/2001 4:07:16 PM
From: Nancy  Respond to of 68777
 
it is running on the cube.



To: Johnny Canuck who wrote (35329)11/30/2001 10:33:37 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 68777
 
Possible short candidates as the recession accelerates

Salomon on Homebuilders : -- Before Open -- Salomon Smth Brny upgrades homebuilders in anticipation that a long-term multiple expansion in the group is about to begin; recommendation is founded on the belief that the structure of the homebuilding industry radically improved in the mid-'90s, yet valuations have yet to reflect any such "new reality"; although builders might appear vulnerable to a potential upturn in rates, believes the current environment looks very similar to the late-'87 to mid-'89 period, during which time the group rallied while the Fed was raising rates; firm raises Beazer Homes (BZH), Hovnanian Entrpr (HOV), and Ryland Group (RYL) to OUTPERFORM from Neutral; ups D.R. Horton (DHI), M.D.C. Holdings (MDC), and Toll Brothers (TOL) to BUY from Outperform.