Thursday, April 26, 2007

NVR - What?

So NVR is at 52-week highs - probably totally justifed since they are a homebuilder!!! I hear that business is rapidly improving.

Cramer is calling the Dow to 14K fast - all of Wall Street is bullish - I am close to selling out I can't figure out the brushing off of all bad news. Granted there is a 12-24 month lag to really feel the housing down turn that is still developing but you would think the market would be taking some $ off the table?

Looks like we push higher - just high enough to break the last shorts - then a blow off top - then a correction?

Looking for trades (that work now!)

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