MACR -35%/PHM+9% AWESOME! We are or were IN BOTH in the right direction! very nice ride on this skyscraper. THE MACR PUTS were possibly the most profitable since the internet days. PHM is tired too high to hold long overnight what a winner! So is this a market direction decision based on trendlines, indices, no. Why are the semis in the recycle bin and builders soaring. Its not just the earnings its the combination of great earnings in some p/e ratios still in single digits! Our long/short ratio today is enormous.MACR down 34% 9.28 points and PHM is up 6.78 points and 9%.. what is the commone denominator.. surely not market direction analysis.. its just EARNINGS.