AI
Tuesday, September 07, 2004 5:17:58 PM
>>Homebuilders had a helluva day, which is great because they are on my hit list too.<<
I opened up some positions today. I was stopped out of my remaining ones last week except for MHO. I shorted RYL and TOL today. Position trades with about a 2% stop loss. The builders look overbought and volume has been on the light side on the move up to this resistance level.
I opened up some positions today. I was stopped out of my remaining ones last week except for MHO. I shorted RYL and TOL today. Position trades with about a 2% stop loss. The builders look overbought and volume has been on the light side on the move up to this resistance level.
Joe
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