KBH ==> The Hot and Humid Winner

[Websman]

If y'all find a dead horse, let me know. I hear horse taste really good.

[skiracer]

I've eaten plenty of crow over the years, and dog, for real in Cambodia, and probably horse and didn't even know it here in the US. Of the three the best was the dog but it needs plenty of garlic on it.

[Gatorman]

Computer Routing Problems

Something has gone terribly wrong with my computer. I was trying to catch up on the discussions at Mr. Market since I was unable to do so yesterday. From the looks of the arguments going on, my computer mistakenly routed me to the IBD forums. I hope this is corrected shortly and I can again enjoy the thoughtful and courteous discussions for which Mr Market has become known.

[skiracer]

Just out of curousity did those few posts sound that bad and discourteous to one another as some of what goes on at the IBD forums? I thought it was confrontational to a small degree but civil. Are we to never disagree or see things differently that we can't voice our opinions?

[Gatorman]

Just out of curousity did those few posts sound that bad and discourteous to one another as some of what goes on at the IBD forums? I thought it was confrontational to a small degree but civil. Are we to never disagree or see things differently that we can't voice our opinions?

It certainly was not as discourteous as IBD since I did not see any mention of parentage, small animals or insertion of objects into protected orifices. However, it did get a bit "edgy." Disagreement is a very healthy process but when it starts to stray from discourse into argument, it makes an observer tend to discount both views.
Differences of opinions are the whole reason there are horse races. Arguments are the reason there are fistfights.

[skiracer]

I would go along with that.

[New-born baby]

KBH: the axe-murderer

It just gets worse. Today's action was another sign that KBH isn't done falling just yet. It couldn't retake the 50 day, and so it fell down anther $2.13. Right now it is sitting on its last support before it falls into a weak support area. $62 is almost a certainty--in my mind.

Here's the chart: WARNING: NOT FOR WEAK STOMACHS

[Websman]

It just gets worse. Today's action was another sign that KBH isn't done falling just yet. It couldn't retake the 50 day, and so it fell down anther $2.13. Right now it is sitting on its last support before it falls into a weak support area. $62 is almost a certainty--in my mind.

Here's the chart: WARNING: NOT FOR WEAK STOMACHS

Why not take advantage of the situation by closing your long position and going short?

[New-born baby]

Working

Why not take advantage of the situation by closing your long position and going short?

Webs,
I've been working the last few trading days and couldn't even make a trade. I come home and see the blood. But you're idea is a good one. Should have done it three days ago when we could see this was coming.

[Websman]

Webs,
I've been working the last few trading days and couldn't even make a trade. I come home and see the blood. But you're idea is a good one. Should have done it three days ago when we could see this was coming.

Yup, I can relate to the work thing. Hang in there, you'll make it up!

[diogenes]

It just gets worse. Today's action was another sign that KBH isn't done falling just yet. It couldn't retake the 50 day, and so it fell down anther $2.13. Right now it is sitting on its last support before it falls into a weak support area. $62 is almost a certainty--in my mind.

Here's the chart: WARNING: NOT FOR WEAK STOMACHS

To me, it seems like besides the support $70.60 the next one is a few sheckles up from yours at around $65.1; hardly the stuff to write home about.

[New-born baby]

Thanks, Diogenes

To me, it seems like besides the support $70.60 the next one is a few sheckles up from yours at around $65.1; hardly the stuff to write home about.

Yes, you are correct. Here's a chart with the weekly supports drawn in.


Daily support is a little closer, but weaker:

[skiracer]

NB,
I think Spike mentioned the other day that the play would have been to hedge the position with puts.

[New-born baby]

That's an idea.

NB,
I think Spike mentioned the other day that the play would have been to hedge the position with puts.

Ski,
How would you do it if you were me? At what price? Could you tell me tonight so I can buy some tomorrow?

[Zenprofit]

Hey, at least the HB Execs are cashing out

http://www.forbes.com/forbes/2005/0815/038.html