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User Info 11/30/2007 XHB +13% (from the bottom) in 2 days?; entered at 2007-12-01 14:38:26
Matt
Posts: 5358
Registered: 2007-06-26 Bothell, WA
Serious short covering in home builders. Exact same thing we've seen several times in the last few months after they tank for a week or two.

Due to how many people short the home builders on the downside these short covering rallies are amazingly vicious.

Last modified: 2007-12-01 19:30:47 by matt

2007-12-01 14:38:26