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To: kodiak_bull who wrote (5814)1/3/2002 10:29:14 AM
From: jim_p  Read Replies (1) | Respond to of 206317
 
KB,

Good advise. The charts are still improving for the shorts on the builders. It is very rare for the leading sector in one year to be a leading sector the next. The odds and the charts are in favor of the shorts.

I used the run up to add to my HOV shorts at 21.45 and added some CTX at 56.50. CTX has some nice leverage.

I'm off to take the dog for a walk (got a Golden Retriever for xmas)

Jim



To: kodiak_bull who wrote (5814)1/3/2002 10:38:45 AM
From: CpsOmis  Read Replies (1) | Respond to of 206317
 
Thank, KB, I needed that...."Thank you sir, may I have another?"

Actually, the discussion was on KBH, not BZH, though that's undoubtedly a typo on your part.

I did manage to cover and reshort for a .50 gain on 1K of my shorts, just for sport...covered at 38.85, reshorted at 39.46...only to see the sucker add another 1.40 in a blink!

The volume was making me suck my gut in.... covering on the news maybe? It bothers me to see large buys happening fast and furious like that!

Cosmo