TA shows bullish double bottom on TOL http://finance.yahoo.com/q/bc?s=TOL&t=3m&l=on&z=m&q=c&c= Very strong rebound hmm maybe the market is realizing that people do need housing and that homebuilders are the only ones who can build them.
They may rally for a few weeks but they aren't anywhere close to a bottom. Lennar will likely fall to around 10 or 12 before it is over.