Yea saw it dip down to 8 yesterday, didnt want to take any chances. I saw what happened to AHM, one day 90%+ loss. Dipped to 8 closed around 11-12 range and today its up another 15%. I think there will be even more of a dip in the homebuilders soon.
Yeah, kicking myself because I day traded it yesterday: 1200 shs for a 620.00 gain - if I had only held a bit longer. I wasn't going to do it, but jumped in when it was below 9.
AHM had the sh#t hit the fan on friday and was halted monday morning only to resume trading at $1 on Tuesday at 2:00. AHM's bs was expected so unless you hold overnight, you wouldn't have been affected.