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Owens Corning Message Board

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  • clamdigger_97 clamdigger_97 Sep 30, 2010 11:58 AM Flag

    What is the next stop? 24 or 26 by the end of this week?

    I have been out of OC for awhile but based on the chart (50 ema diving below 200 ema = dead cross) I would guess the worst is not over yet.

    Cramer thinks OC is a wind energy company so you never know what will come out of his always running mouth.

    Key is when do you think economy, jobs and housing will come back?

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    • Remember, housing has been beaten down with the end of the tax credit and stocks like OC have gone down. This down turn in housing will reverse as the housing market adjusts to "normal". You saw the same thing with the auto industry and the cash for clunkers program. OC should see a good rebound as the housing numbers come in like today's pending home sales increase.

 
OC
41.70+0.56(+1.36%)11:09 AMEST