December 23, 2013 13:10 Comments

Having only trimmed 6% of my Toll Brothers this morning at $35.50, I entered an order to trim another similar amount at $36.50. That has now been hit and I have now entered an order to sell the same amount again at $37.50. I still like Toll Brothers. But all year I have played the volatility on this stock trimming on rallies and buying back on dips and it has worked out pretty well. Toll Brothers was at $32.70 10 days ago and there has not been any company specific news on this rally just optimism on the housing front and optimism that interest rates will stay low.

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