[Attention Surplus Disorder]

Woulda been a tough short to stay with, however a short put on a just a few days ago would have been dandy.

Sort of like the homebuilders. Those stocks ripped the livers out of plenty of doubters before they finally put in some downside. Friend of mine is short NVR from appx 920. Yes, that's about -425 points!


http://www.marketcenter.com/stocks/adv_chart.action?chartUi.studies=&sym=NVR&chartUi.bartype=CANDLE&chartUi.period=M&chartUi.minutes=&chartUi.size=620x300&chartUi.bardensity=LOW&chartUi.overlay=&x=17&y=9

[SAJ]

Short **put**, over the past few days? Uh, maybe not. Shorting a put implies that the trader thinks the price of the underlying will not drop sharply or is likely to rise.

I'm sure you meant to say 'short call', right?   ;^)