Saturday, October 6, 2007
Things have changed
While the charts have not yet been violated, the short exposure to the homebuilders was reduced on Friday with the covering trades as follows:
KBH - covered at $29
CFC - covered at $20.15
The DHI and BZH short positions remain as the trade parameters are still intact.
KBH - covered at $29
CFC - covered at $20.15
The DHI and BZH short positions remain as the trade parameters are still intact.
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