Talking Homebuilders on Google Hangout

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  • on September 26th, 2012

Reuters put together a Google Hangout this afternoon hosted by Phil Pearlman. A couple of money managers and I jumped in and gave our takes on the market. Phil asked me about the Homebuilders and I basically told him that the trade came and went. I think it’s time to look elsewhere short-term. The bigger picture, however, still looks constructive.

Here’s the video:

 

$XHB $PHM $DHI $HD


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