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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (2201)2/8/2005 4:42:02 PM
From: profile_14  Read Replies (2) | Respond to of 13449
 
Perfect example of shorts scrambling to cover. The pain is too much for some. Note that parabolic daily chart into the close. Now, if it opens down and closes down, what does it mean, technically speaking?

From a fundamental viewpoint (sorry for the name calling) TOL is projected to make $7.15 this year. Q1 is estimated at $1.07/sh, Q2 at $1.69/sh, Q3 at $1.88/sh, and Q4 at $2.67/sh. There is 64% of earnings riding in the second half. Q1, as stellar as it might be, represents only 15% of earnings. Nobody sees any risks. This industry is nirvana yet FNM, NEW, CFC suggest otherwise. The stock surpassed 12 month targets already not having even reported Q1. P/S ratio at 1.72 vs .94 for the industry... Yeah, yeah, yeah, this is not a fundamental thread.

Best regards,