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ITMS

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Monday, 05/14/2012 10:46:21 AM

Monday, May 14, 2012 10:46:21 AM

Post# of 784
Home-builder Stocks Show Early Relative Strength


This morning, all of the leading home-builder stocks are showing some early strength despite the over-all stock market weakness. This industry group is displaying good intra-day relative strength and could lead the markets higher if bounces take place in the major stock indexes. Lennar Corp (NYSE:LEN) is considered to be one of the leading home-building stocks in the sector. LEN stock is trading higher by 0.65 cents to $29.10 a share. Short term traders should watch for intra-day resistance around the $29.20, and $29.75 levels. ...Continue reading here: http://bit.ly/JvuVMA
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