Lennar Corp Class A (LEN)

[Santa Barbara Broker]

Don't blame you...this is getting very, very ugly. I should have learned a long time ago not to even post recs. Always ends up causing other people grief.

I am a victim of common sense and math. Not of using it, just of having used it before lemming season was over. I came within a whisker of getting stopped out last week. If this continues after the holiday, I'm jumping ship as well. I still see hard-core support at $13.00. If LEN closes below that and I don't get stopped out (which would be almost a miracle), I'll be out anyway. From there we drop to $11.25. It breaks $11 on volume in this market, it's back to single digits. So much for my cabinetry profits, lol.

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