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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (8562)2/28/2002 8:11:26 PM
From: Shack  Respond to of 36161
 
How about that, and I lurk over here! Mainly because of my long TESCO position (in a '3' of '3' up?) and the quality of posters.



To: nspolar who wrote (8562)2/28/2002 11:55:59 PM
From: BSGrinder  Read Replies (1) | Respond to of 36161
 
Homebuilders do seem ripe for puts, but I am particularly interested in WHR, which looks like a good way to play a popping of the housing bubble, since they are at an all time high and the demand for new home appliances is probably all that is keeping them afloat. But the internet bubble sure grew a lot bigger than I thought possible, and the same may be true for the housing bubble.
As far as trends go, I think you have hit upon the two biggies. They seem obvious fundamentally, as well as by charts. And there is still plenty of money to be made since stocks are still at record highs and gold and silver near record lows.
Here's wishing us luck,
/Kit