Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (12675)	2/28/2002 10:14:34 AM
From: jim_p	Read Replies (2) \| Respond to of 23153

DOW, MVK and KEG all breaking out over their 200 MDA. Jim

To: jim_p who wrote (12675)	2/28/2002 5:42:06 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 23153

Re: Maybe I should trade KB in for a pet monkey?? Or a new hobby? portland.citysearch.com <gg>

To: jim_p who wrote (12675)	3/1/2002 11:44:13 AM
From: Archie Meeties	Respond to of 23153

Jim, Those are the classic signs. The next sign will be new recommendations to buy when they retrace their recent gains. I went back and plotted the homebuilders vs mortgage rates over the past 15 years. They move inversely with rates, although the homebuilders usually gain when rates are steady but low. When rates are rising, the builders fall even before rates of new permits fall. It's a cycle they will not escape. The problem I'm having at the moment is that shorting them reminds me too much of shorting tech in late 1999-2000 (a painful and only minimally profitable experience). I'm waiting for a clear move up in mortgage rates until I begin shorting. Maybe I'll be too late at that point... I'm watching this chart to begin a position. stockcharts.com[l,a]waclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G While the short interest data you and I have are perhaps too outdated to be meaningful, I wouldn't sleep well at night with the interest on BZH. BZH Shares short 2.06M, % of float - 51.5% WOW! HOV short interest much more reasonable.