Technology Stocks : ahhaha's ahs


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From: ahhaha4/30/2012 2:50:50 PM
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Eli Broad was on CNBC. Followed Frank Baxter of Jefferies at the Milken LA conference. Two lions of clunkdom.

Eli said the housing market was bottoming right now. Good call because if it doesn't, KBH will be downward bound carried down by the rest of the table clothe. The long term chart strongly suggests that KBH will go BK. I read that chart as having put in a major consolidation to the downside over the last nine months. In order to undo the persuasiveness of trend something dramatic would have to occur, and nothing like that is possible under DM and the Demolitionists. The KBH chart well represents most stocks and Eli represents most American's thinking. Eli is heavily contributing to DM's reelection.

Check out KBH's chart in Yahoo. Starts right after the '87 crash. What does it look like to you?
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