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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (2728)	6/13/2002 7:31:05 PM
From: J. P.	Read Replies (1) \| Respond to of 306849

KBH rolling over. On strong volume blasted right down through the 50DMA which had been solid support for the uptrend line. Looks like the meteoric rise from October might have been a blowoff top. Time will tell. stockcharts.com[m,a]daclyyay[dc][pb50!b200][vc60][iUi14,3!Lh14,3]&pref=G On the three year weekly chart (I think weekly charts are better indicators of longer term trends)you can see that the uptrend line has been broken, next small support around 37.5 at the 50DMA (weekly) and then down to 30 is my best guess. stockcharts.com[m,a]waclyyay[df][pb50!b200][vc60][iUi14,3!Lh14,3]&pref=G