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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (41646)9/15/2005 4:55:31 PM
From: Wyätt Gwyön  Respond to of 110194
 
could be, it's had a great run post-Katrina. it's up something like 20% in two or three weeks--that would be a great entire year for stocks outside the energy sector or GOOG--so that might take quite a bit more time to digest. i know several people who bought in the 80s or 90s and quickly booked profits on what seems like a gift horse.
still, i think it's trading at less than 5x 06 earnings, so shorts had better hope value doesn't matter.