Cheer up guys, we are WAY OVERSOLD AGAIN! I will post a chart on PHM this weekend on the oversold condition. Helped some poor beaten oil long a few weeks ago with a good dose of FACTUAL charts!
Do you guys remember the last oversold condition we had on PHM? The condtions are the SAME again ending today! Yeah!
Late August, we had a massive run from 51 to 86 in just 5 days! That was less than two months ago. Was that a good return for aggressive short term investors? YOU BET! Extra yummy!!!
Now, investors have a nice new presentation to chew over the weekend. No wonder the shorts wlll be in force this weekend. They are here with all their aliases!
Problem is, the overstock situation is here and it's quite profitable (short term). Nice thing for me is I don''t have to line up on Monday to buy shares. Got my load sub 50 today. Yummy!
Made a mint on oil oversold conditions a few weeks ago (why I cashed out of PHM back then when I was complaining "there was a lot of competition"), and took some profts there today to... buy PHM!
Everytime I treat PHM like a worthless stinker, she makes money! Not marriage material this one but good for the fun if you time her right.
Some of the trader clowns are comparing PHM wth non-producing minors. Yeah, revenue doesn't count! LOL I was trying to figure out who was poluting all these boards - all freakin jr.minor scum that have diversified!!!