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Beazer Homes USA Inc. Message Board

  • bambusario bambusario Sep 7, 2001 2:21 PM Flag


    Many thanks, Box. What are your top picks, down, Homebuilders? I've shorted LEN and BZH. Also, I don't find it hard to believe that there are buyers ready to throw good money afer bad. We are "programed" to be "longs" by the talking heads, etc. And, unbelievably, there are buyers for BZH and LEN at these prices. I screamed bloody murder yesterday, and I hope some retail little guys heard me and sold. It's going to be a grinding downturn from here, with a few hic-ups to the upside. Right now, I plan to cover low twenties. But it could get worse, depending on world mkts.
    Sad, but avg Joe doesn't understand the sophisticated trading techniques of todays electronic mkts. Believe it or not, many still ascribe to the "buyand hold" stratigy of their parents and grandparents. Most have no idea how to short in a downtrend.

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