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

To: Sweet Ol who wrote (20138)9/2/2003 10:07:59 PM
From: RWS  Respond to of 23153
 
I watch LEN and BZH. They have both corrected 38% of run from their 12 month lows and bounced - not exactly bearish yet. Interest rates are coming back down now. I would like to see a higher low on the TNX before calling a bear in home mortgage rates. Don't forget the rush to borrow on the dip back down.

RWS



To: Sweet Ol who wrote (20138)9/3/2003 1:14:00 AM
From: kodiak_bull  Respond to of 23153
 
John,

For the moment we're in a confirmed bull rally, so although we can think about shorts, it's probably going to be most profitable to stay with thinking.

In a falling market, I actually think some of the stocks which have really zoomed in the last 45 months will give a lot of it back. On a percentage basis that may be even more profitable than the boys.

Still watching and waiting,

Kb


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