This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

I traded D.R. Horton, Inc. (NYSE: DHI) as an OR breakout short. I saw all of the homebuilders getting whacked after news of Lennar’s 73% profit decline. I used my trade box limits as I discussed yesterday. This one set up early, so I only had a bit over an hour for the trade to move. I didn’t have to wait that long, though: Read the rest of this entry »

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com