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Strategies & Market Trends : Stocks in Play -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (76)4/24/1998 4:53:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 120
 
Who'da thunkit? HWP got to be the "stock of the day". The Buschman Contrary Indicator works again - sold some (but not all) a couple weeks ago.

Bob



To: Roger A. Babb who wrote (76)4/24/1998 10:58:00 PM
From: Nukeit  Read Replies (1) | Respond to of 120
 
Hi Roger,

Since you are very knowledgeable of shorting. What do you think the shorts are upto in this case. CON (Continental Homes) had more than their float short and merged with DHI (D.R.Horton) who had about 80% of float shorted. After merging on the 20th the volume has more than doubled with a decrease in price. Poster on Yahoo suggest that they are cleaning out before they start to cover. Any opinions on this? Anyway seems like something will give pretty soon.

Regards jb