Lennar Corp Class A (LEN)

[Santa Barbara Broker]

We're in this supposed "July" rally pattern that occurs in several stages during election years. So far the down January, up spring rally, catastrophic June, followed by the July rally has followed the pattern exactly. If it holds true, we see a decline starting in August and accelarating into September leading to a "scare the p*** out of you" decline in October. Then the big year end rally following the elections. Yeah, well. So they say on CNBC. I have been trading AAPL shorting it and going long picking up a couple hundred a day on cautious quick trades. Once I have my loss back on the LEN trade and bail, I'll play it for this rally and then go to cash and maybe just play a short trade here and there until there is this supposed "blood in the streets" this October. The market is in total chaos...there is no order. Lemmings run frantic in the streets...raping, robbing pillaging. T/A is down the drain. Pretty much have to go day to day using the major indices and individual company news to flip for chump change. Oh...go LEN!

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