DHI ==> The $$$MR. MARKET$$$ Veterans Day Pick

[DocDavidW]

I have been a MrMarket follower for over two years. Does that mean that I am obligated to buy and sell each stock when and where he does? Of course not. We are all free to try to beat his strategy (or at least match it). The thing that is unique about MrMarket is that he uses a predefined strategy. This means that his performance is determined solely by his strategy, not by any second guessing or fine tuning. What this demonstrates is is that his selection strategy consistently beats the market using a very simple sell strategy. By the way, he is not absolutely limited to 15% gains. If the stock gaps up, he will gladly accept the extra margin (as would any sane investor).

David

[The Kid]

I didn't know the guys on the old Board of Directors, and I don't know the guys on the new board of directors. All I do know, is that judging by the share price the last couple of days, somebody doesn't like the change.

(I can't seem to copy and paste the article for some reason, but they released a news release about putting four new independent directors in, and relieving six of their old duties. - summary)

[jiesen]

more picks on FIRE

Ernie,

You've got 3 picks - AXL, DHI, and URBN hovering around the 14% mark, ready to blow past your target any day now. Looks like we're in for another week of profit taking! Congratulations on these excellent picks.

You are HUGE!!!!!!!

[mrmarket]

Reuters
D.R. Horton quarterly profit rises by a third
Wednesday January 21, 4:10 pm ET


NEW YORK, Jan 21 (Reuters) - D.R. Horton Inc. (NYSEHI - News), one of the largest U.S. home builders, on Wednesday said quarterly earnings rose 66 percent, easily passing Wall Street's estimates, as the housing market's sizzle continued unabated.
Arlington, Texas-based D.R. Horton earned $185.6 million, or 78 cents a diluted share, in the fiscal first quarter ended Dec. 31, 2003, compared with $111.8 million, or 50 cents a diluted share, the prior year.

Analysts, on average, expected the company to earn 62 cents a share, according to Reuters Research, with 10 estimates ranging from 61 cents to 65 cents a share.

[jiesen]

dhi

as howard dean would say,

WAHOO!

[mrmarket]

Re: dhi

as howard dean would say,

WAHOO!

Note how their revised estimates are now approaching the numbers that $$$MR. MARKET$$$ predicted.

[jiesen]

Mr. Market

you are the MAN!

[casinoboy3]

66% is a third?
This might reach your target tomorrow. You are HUGE.

[scifos]

Nice, I got into DHI about a month before Mr.Market when it was at 25.23(price adjusted for split) but got out in early Dec at 29.07 but with another huge quarter of growth I'm thinking of getting back in at about $29 again. Can DHI reach 33.35 (+15% from $29) ?

[jiesen]

yes

it not only can, but WILL gain another 15%, but perhaps not as quickly as the next -even better- $$MM pick will reach its 15% target... because that's what the model says, right $$MM?

see, I think I'm getting this, it's easy!

[scifos]

Yes, I have not found anything negative about DHI, and I think I have a few extra dollars around. But I'm also looking at PBR and wondering which one is better near term. Any opinions?

[mrmarket]

Yes, I have not found anything negative about DHI, and I think I have a few extra dollars around. But I'm also looking at PBR and wondering which one is better near term. Any opinions?

apples and oranges

[jiesen]

go DHI!

It's already a 17% profit for me, so I'm out!

Thanks again, $$MM, for this awesome, awesome pick.

YOU ARE HUUUUUUUUUUUUUUUUGE!

[tscanlon]

DHI

Indeed I'm out with a 17% gain as well at 30.75. I too must toast Mr. Market on another $$HUGE$$ pick!

Any preference on the finest meats and cheeses to present to his HUGENESS???

[Karel]

POP! out at 30.95! Even whales feel small when MrMarket takes a dive!