XHB homebuilders

[ASusilovic]

Quote from dividend:

Same Citi analyst that upgraded H Builders last month now downgraded them. The comedy continues...... Now we know why brokers make money. Go figure.

CTX 19.14 11/26/2007
BZH 8.12 11/26/2007
KBH 20.77 11/26/2007
DHI 11.02 11/26/2007
MHO 11.78 11/26/2007
HOV 6.95 11/26/2007
MTH 13.84 11/26/2007
XHB 17.9 11/26/2007

They´re watching every evening Jay Leno to become better comedians....

 

[TorontoTrader2]

tsk tsk down over 4 now.

 

[S2007S]

Quote from S2007S:

Just went long XHB at $17.85.


Still bearish on this sector, but looking for a bounce,


Long XHB until $19.50.

$19.71



OUT today for a 10% profit


oversold bounce, will wait for something under 18 to get back in.

 

[GnarXkills]

short it after tuesday...I tried out the xhb for a quick long thru calls, but getting out today, and going double on the downside soon. but take a look at ITB's holdings vs. XHB they make more sense IMO for the downside play.

 

[S2007S]

Quote from GnarXkills:

short it after tuesday...I tried out the xhb for a quick long thru calls, but getting out today, and going double on the downside soon. but take a look at ITB's holdings vs. XHB they make more sense IMO for the downside play.

ITB is another, may grab some shares after it drops below 16.50.

 

[dividend]

Congrats to the homebuilder longs. My only regret was not having $100 million BP to put on this trade.

BTW pundits now asking themselves if homebuilders bottomed.

 

[PARACLESE]

Quote from makloda:

hmmmmmmm I wouldn't touch that stock (XHB) with a 10 ft. pole. A downtrend is a downtrend. Use calls if you want to play for upside because that basically defines your max loss.

Good luck.

I had an old toll straddle which I held (only calls) into earnings. I closed 40 I am sitting on 20. Fully paid for. I am thinking of holding PHM stock. The break up value is double the stock price, I think its good. I would rather be early than late, I have gotten pretty good at this by now. Its all I do. and you guys wonder why theres no booze and girls left when you get to the party. Downtrend just snapped in half!!!

 

[PARACLESE]

Quote from GnarXkills:

short it after tuesday...I tried out the xhb for a quick long thru calls, but getting out today, and going double on the downside soon. but take a look at ITB's holdings vs. XHB they make more sense IMO for the downside play.

Buy em!!! buy em!! bought em, at even!!

 

[S2007S]

Quote from S2007S:

Im very bearish on homebuilders however a rally of 5-10% I believe is in XHB very soon. I think 20+ is in the cards over the next 4-6 weeks.


Beside that the trend is down, but when they do come to a bottom sometime over the next few years this ETF could rally 50%+ in a year. Maybe even more.

AND 20+ IT WAS............................




WHAT DOWN TREND???? IMAGINE IF THIS IS THE LAST TIME XHB SEES THE TEENS FOR YEARS.....I dont know, Im thinking this heads down once more, I would be a huge buyer of XHB in the mid teens. Who knows if its going to get there anytime soon, I don't think a bottom is in, but we shall soon see.