What have I been telling you?

1

1flyfisher

What have I been telling you knuckle heads For the last few months?

SHORT the F'n HOUSING SECTOR!
and Buy the weakness/// sell the strength.
Trade these up down sideways.

CFC DOWN another 14% today.
KBH Down 10% today
LEN DOWN 12% today
PHM DOWN 14% today
SPF DOWN 17% today
FNM DOWN 25% today
FRE DOWN 30% today
ALL in addition to previous slides.

Like taking candy from a baby.


:D
 
The thing is you just never know where stocks prices end up and how far they can fall. I have seen over the years stocks cut to pieces. A stock like CFC that ran down from $40 to $10 can still get cut in half from $10 to $5. You just never know. I'm not saying it will hit $5......but then again maybe it just might????????
Don't fight the tape.



Quote from paysense:

WOW I didn't figure it was the bottom for these, but that most of the easy money was made.

Still more downside I suppose -


:D :D :D :D
More...
 
Quote from 1flyfisher:

What have I been telling you knuckle heads For the last few months?

SHORT the F'n HOUSING SECTOR!
and Buy the weakness/// sell the strength.
Trade these up down sideways.

CFC DOWN another 14% today.
KBH Down 10% today
LEN DOWN 12% today
PHM DOWN 14% today
SPF DOWN 17% today
FNM DOWN 25% today
FRE DOWN 30% today
ALL in addition to previous slides.

Like taking candy from a baby.


:D
More...

keep in mind though that people still need houses. When enough shorts get sucked into these stocks they will surge.
 
Sold CFC 2000@$10.78 bought 2000@$8.44
Similar positions/moves/profits in 7 others in the sector.

Up $25 K + today intra day trading the housing sector.


Time to go turkey shopping.
Have fun kids!

Happy Trades!
 
I trade both the short AND the long side(short covering rallies and any market led upside moves) intraday on the housing sector.


Happy Trades!

Quote from stock_trad3r:

keep in mind though that people still need houses. When enough shorts get sucked into these stocks they will surge.
More...
 
Quote from stock_trad3r:

keep in mind though that people still need houses. When enough shorts get sucked into these stocks they will surge.
More...


NO. people need a place to live, if they cant afford a mortgage and downpayment.. they rent... thats life.

right now supply is much greater than demand in the housing market, this wont work its way out for quite some time.
 
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