to what should be a new low. Those upgrades the other day worked well for those crooks....nice escape.
http://stockcharts.com/c-sc/sc?s=$HGX&p=W&yr=3&mn=6&dy=0&i=p35086960010&a=91715896&r=7180.png
HGX..now on it's way
Started by
eminimee
, Jan 25 2007 01:09 PM
2 replies to this topic
#1
Posted 25 January 2007 - 01:09 PM
#2
Posted 25 January 2007 - 01:27 PM
Well, it looks as though you may have nailed it -- spot on. And if you have, my hat's off to you -- especially since I tend to regard wave counting and head-and-shoulders finding as a form of magical thinking. Hmmm -- looks like I may have implement an attitude adjustment on these ideas.
Da nile is more than a river in Egypt.
#3
Posted 25 January 2007 - 02:25 PM
HBs - some of them are doing stock buy backs, may explain some of the price rise, along with short covering
results are very poor as I'm sure you've all heard by now
summary...
D.R. Horton Inc., the second-largest U.S. homebuilder, said on Jan. 23 that its fiscal first-quarter profit fell 65 percent as spending on sales incentives increased and customers canceled orders.
Beazer Homes USA Inc. reported Thursday a first-quarter loss and said it sees little proof pointing to ‘meaningful’ recovery in the nation’s housing market.
Centex Corp. the fourth-largest U.S. home builder reported a $228.2 million loss. For the quarter ended Dec. 31.
NVR, Inc., one of the nation’s largest homebuilding and mortgage banking companies, announced that net income decreased 39% when compared to the 2005 fourth quarter.
Meritage Homes Corp.’s earnings fell in its fourth quarter as it struggled with a housing slowdown that is hurting all the major home builders. The Scottsdale-based company earned $9 million in the quarter, down 91 percent from $101.9 million in the same period in 2005.
Ryland Group Inc. the biggest home builder for first-time buyers, said its fourth-quarter net income dropped to $87.2 million, from $162 million in the year-ago period.
Pulte Homes cuts outlook and may post loss, earnings due to be released Jan31