|
MTH is still up a unbelivable 300% from the 52wk low. This is absurd giviing the future projections of the housing market. The 9 month glut of supply will continue to rise, when the FED has to dramatically raise rates ala Voolcker style to stave off hyperinfaltion, this will curtail any possibility of a housing recovery.
The 20DMA just crossed under the 50DMA a most bearish sign and should kick off alot of EOD scanners and more folks will hop on the short side of this stock in subsequent days. Should retrace to the 200DMA of 14.55 has lost 5 bucks already and going lower from here. No catalist for a positive chage or turnaround, up 300$ still with not much of any improvements in the housing sector, way overbought. I will add to my short over the next day or 2. Sentiment : Strong Sell Rating :
![]() ![]() ![]() ![]() (No ratings) |
29/Male |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
|
Meritage Bearish chart Formation!
|
mrsilverand... | Not rated | 30-Sep-09 10:29 pm | ||
|
It's actually a head and shoulders formation that ...
|
mrsilverand... | Rate it | 1-Oct-09 01:37 pm | ||
|
Ok, I have been waiting to short this overinflated...
|
mrsilverand... | Rate it | 26-Oct-09 06:44 am | ||
|
Trash talk all you want about MTH and housing...
|
galaxysport... | Rate it | 26-Oct-09 08:55 am | ||
|
You got in on a fictional rally that has...
|
mrsilverand... | Rate it | 26-Oct-09 12:52 pm | ||
|
Here is the facts in point./
R...
|
mrsilverand... | Rate it | 26-Oct-09 02:32 pm | ||
|
With over a $2+ per share loss...
|
mrsilverand... | Rate it | 26-Oct-09 04:15 pm |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
