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Wednesday, 05/30/2012 10:54:56 AM

Wednesday, May 30, 2012 10:54:56 AM

Post# of 784
Home-builders Get Nailed

As many of you already know, the home-builder sector has been one of the strongest industry groups in 2012. Many talking heads in the financial media are now calling a housing bottom. Whether or not this is true really does not matter, the charts will usually tell the truth. Today, the leading home-builder stocks are selling off. Toll Brothers Inc (NYSE:TOL) is considered to be one of the leading home-builder stocks in the sector. This morning, TOL stock is trading lower by $1.39 to $27.30 a share. Short term traders should watch for intra-day support ...Continue reading here: http://bit.ly/Ne1ZJK

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