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Russell,

 

One thing I like about the homebuilders is they give you a chance to re-up your call in a way. Since they mostly trade in a herd you can start with one and add more later if better buying opportunities present themselves. I started with Centex because I owned it a couple years ago. I plan to add one or two more homebuilders in the next healthy correction and leave a couple out there in case we get something worse than just a correction at some point. Sort of the TMF1000 buy in thirds strategy.

 

Mike

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