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Paulson: Housing slump likely near end

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Shelly

I am getting chicken. Lennar traded at 40.18 today, uncomfortably close to my 40 limit. I want to lower my limit in Lennar to 39. Or should I be a man and buy 500s at 40 ? I will follow your advice.
 
shelly

time's up. i am canceling my bid altogether. lennar reports next tuesday ...won't be pretty. discretion is the better part of valor, whatever that means !!! i will keep my other bids in until they become close !! ;-)
 
goofer44 said:
shelly

time's up. i am canceling my bid altogether. lennar reports next tuesday ...won't be pretty. discretion is the better part of valor, whatever that means !!! i will keep my other bids in until they become close !! ;-)
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chicken_little.jpg


6732,1115745912,1.jpg

LET US PRAY
.
 
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:lolabove:

The homebuilders feel like they want to go lower. I like to buy housing stocks when they stop going down on bad news like last summer. We are in another cycle of bad news and the stocks react accordingly. I don't want to get myself on fly paper by buying too early. Those that try to pick the bottom, wind up with smelly finger !! I have cancelled all my orders except for Lowes at 31.
 
SHELLY said:
It was pretty--Pretty grim. -3%...that's gonna leave a mark.

<I suspect we'll be having a home builders' prayer service next?>
.
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Maybe a week long religious retreat in spartan monks quarters devoid of granite and stainless steel.
 
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