Whats your stop loss on your swing position.....I had my ass handed to me in january shorting TOL.....one stock i won't be shorting anytime soon or keeping on a very short leash.......the builders and oil stocks have brought back memories of the internet mania in early 2000.... R....by the way keep up the awesome trades....your kickn butt besides the odd heckler that drops in to say hello.....lol
Just curious at what point do you cut your losses ?.....Homebuilders are the new inets of the last bubble.....cutting my losses when bzh was at 149....some 17 points back does not look as dumb now....;-)
notes: stock was in a bubble, I was confident it would return, I emphasized that time and time again, it's going to still be an excellent short as interest rates rise and the housing bubble collapses... not sure how it will react to options expiration tomorrow... also looks like shorts are covering on the tape here...
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