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6 pts

Opinion on  D.R. Horton Inc. (DHI)     Sector: Capital Goods  >  Industry: Construction Services
Bearish on DHI ...

Sep 18, 2007 12:32 AM GMT
Return Risk
-9.31% HIGH
Sr. Analyst

I don't think the Fed is going to cut rates, and I think my risk for acting on this belief are low given that everyone thinks they will cut rates; the rate cut is already in the price of homebuilders, and anything but a 50 basis point slash tomorrow will likely be neutral or positive for me on this position.


DHI:  This call was made on 09/18/07 @ $14.63
Rating:   Negative   $14.63 (09/18/07)
Gain/Loss:   +17.77% in 782 days


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