Time to pay back the builders with this short on TOL. All of the majors are showing similiar weakness so it's not a fluke. My method is to take a 1/2 position and add the other 1/2 however it's completely up to you. Target and cover stop area shown. I utilize alerts so that MM (market makers) can't see my order, reach out and slap me before reversing.
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Comments
Gundlach recommending shorting builders at this week's Ira Sohn conference. Don't feel too shabby here!