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SPDR S&P Homebuilders ETF Message Board

  • a1adauntless a1adauntless Feb 26, 2010 1:51 PM Flag

    They DO RING A BELL @ THE BOTTOM!!

    On 2/19 I was listening to one of those Talking Heads on CNBC who's name I have no idea since I was just listening in.

    At about 12:45 E. this expert said, emphatically. "WHO IN THE HELL WOULD BUY THE HOMEBUILDERS??"

    In less than an hour I had BOT another dozen LEAP CALLS (Jan/12 $25) on the XHB. That brought my total to over 400 contracts, and I'm looking to raise cash to BUY about 100 contracts more.

    In my 22 years of extensive market study this is as close to the: RINGING THE BELL AT THE BOTTOM as you get.

    Good Luck!!
    The more you study and learn about XHB the better you like it.

    I'll be back here from time to time.

    Dauntless

 
XHB
33.28-0.03(-0.09%)Dec 19 4:00 PMEST

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