TOL, HOV and builders (TOL HOV LEN) big plays for next week AGAIN (still holding TOL and HOV and LEN calls) trading them almost exclusively for upside while shorted the tech rally this morning (actually NVLS and KLIC were shorted near open for some morning short delight, as these were 2 of our 3 short plays).. playing builders all week.
From our newsletter:
...Considering that sentiment is a pretty much window dressing anyway the positive press tonight could help stimulate buyer interest on Friday and lead to an exhaustion move UP. If you are not in the markets tonight I would probably not go long at the open or if yes, then you might expect some pullbacks by 10:00 a.m.
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