KBH is looking good at these levels

Discussion in 'Stocks' started by hedgeyourbets, Oct 12, 2005.

  1. Have homebuilders corrected enough?
    Bubble or not, the PE of 7 looks good regardless...
  2. ===============

    Have favored the long side for wall street homebuilders,
    & KBH certainly has been a leader in a strong sector.

    However as many years as some elites have been predicting homrbuilders tops;
    the trend was finaly bound to change one of these years;
    & even if longs outperform shorts in KBH soon,
    prefer stronger sector for longs,
    weaker for shorts.:cool:

    Interesting ''+'' candle on KBH today;
    40 area,
    not a prediction, you might be right.