3 I have finished wading through the list of stocks presented by “The Fly”, and have selected the following for placement on my “volume pocket” watchlist.
However, for this special occasion, I have created a housing specific watchlist. As mentioned earlier I have already started a position in VMC, the price indicated below is where I would like to add shares.
I believe it was “Eye-talian Stallion” who commented on “The Fly’s” post about how he was bullish on window makers. Well, the two that were mentioned were PGTI and NX…and right now I would say that those are two of my favorites among this list.
If the bullish thesis is proven correct, some of these stocks have so much upside it’s ridiculous (that’s also why some are currently so far from potential buy points). Just when I started to feel complacent about the market a new idea is presented and I have renewed vigor…funny how that works.
Here is the list:
-EM
3 Responses to “Housing Watchlist”
Narwahl
How much potential upside before they hit resistance after they’ve reached the volume pocket? Specifically phm.
elizamae
I’m a little tipsy and I also think this deserves more treatment than a simple reply in the comments section, so I will do a post that addresses the above question, specifically in regard to PHM.
Narwahl
Fantastic. Err body in the club getting TIP$Y.