Housing Index / KBH / Overhead Resistance

Discussion in 'Stocks' started by Bruto Blukowski, Nov 21, 2005.

  1. Looking at KBH and the respective Phlx Hsg Sector Index(HGX), looks like major resistance is coming up after a relief rally.

    Going short soon.

    This was posted on an earlier thread about growing housing inventories(not new homes):