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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (78770)6/14/2002 8:23:33 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
Looking for home builders to short - anyone follow them?


It's like shooting fish in a barrel. Take your pick.

I've been short TOL, PHM, and CTX since Feb March. CTX was basically profitable quickly. PHM I've been up and down a little on. TOL I sucked some serious gas on. I'm now essentially even on the group but still down on TOL.

I think TOL has the largest short interest, which probably is why it was strongest. It is also a very well-run company (says my wife the real estate agent), but the most expensive.

I don't think it matters. Make sure you short at least three and you'll do fine. they are all going to get creamed.