Opinion on  KB Home (KBH)     Sector: Capital Goods  >  Industry: Construction Services
Puts 6mos out or longer

Kicking them while they are down, I know, what a cop out... but the charts seem to show more downside ahead...and that last step is a doozy. Personally, I am playing this with spring of '08 puts that should yield a double if my dreams play out. A higher conviction player should go longggggg and bet for the break through of 20. I just don't have it. I fear it really is long in the tooth as an idea and that one day the value calvery will bottom this puppy out--and it won't be where I want it. But hey, I'm a wimp.