SI
SI
discoversearch

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: Sweet Ol who wrote (15235)7/18/2002 10:24:48 PM
From: Sweet Ol  Respond to of 23153
 
Here are three homebuilder charts that look ripe to short.

BZH
stockcharts.com

RYL
stockcharts.com

TOL
stockcharts.com

I had forgotten all about FBN, it was probably the canary for the homebuilders.

stockcharts.com

Best to all,

JRH



To: Sweet Ol who wrote (15235)7/19/2002 9:47:37 AM
From: kodiak_bull  Read Replies (1) | Respond to of 23153
 
John,

I think it's time for the homeboys, but I'm just taking them a slice at a time. BZH just traded about a $5 range in the last 24 hours (I sold yesterday at 64.63 and covered at 60.20 this morning). The down channel is pretty well established:

stockcharts.com|B|A12,26,9

Pretty simple, short the rallies, cover at the dips. The only question is, will we have enough rallies on the way back down?

Kb