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Lennar Corp. Message Board

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  • berryrus1982 berryrus1982 Oct 3, 2005 1:32 PM Flag

    Added to S&P but so what

    I disagree with you. If the market goes down (and thats a HUGE if)The funds that will buy LEN now because they own index would have to sell their index positions. So everyone will be hurt. But as you see from the manufacturing numbers today, economy is great despite the clouds in the south.
    CNBC reported that all the purchases will be made only after Mon Oct 3 market close. So we havent seen the run yet i guess. Tonights After Hours should be interesting.

 
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