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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (32194)9/29/2008 12:42:24 PM
From: Keith J  Read Replies (1) | Respond to of 78470
 
Jurgis,

I just do not understand why a homebuilder like TOL would be within 10% of its 52 week high.

Maybe they are a survivor, but with such a large housing overhang and prices that are continuing to fall, drastically in some cases, it just seems to me a homebuilding recovery is years away, not months like Cramer keeps preaching.

KJ