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To: pls418 who wrote (28836)1/7/2004 10:42:58 PM
From: kollmhn  Respond to of 206223
 
Believe it or not but I did short (against the box) some NBR yesterday. Sloppy looking chart was the reason, coupled with anemic est. eps for next year ($1.95).

As for the homeboys, tell me when rates are going to rise and then spot me a 10-15% insurance margin and I might feel ballsy enuf to short them. Otherwise, I don't think I'm clever enough to call the turn in advance of it happening.



To: pls418 who wrote (28836)1/7/2004 10:57:15 PM
From: Archie Meeties  Respond to of 206223
 
I wonder if the homebuilders might be reacting to what is brewing in the currency markets. Raising interest rates might be necessary to put the brakes on a real dollar slide.

forbes.com

reuters.com