[TOL] update

At the backlink I provided two models below which you can think of as bad (blue) and worse (primary red) for TOL.




Per current snapshot below, the primary model was taken.  This pretty much ruined the chances that the recent peak was a B wave and that we are working on C now.  That means this is most likely a 3rd wave down in progress.  Greenspan warned us that when the housing market goes to shit, the whole economy is in danger because housing is the major asset class of the debt Ponzi and banks own housing.  When housing goes down so will banks and then they will be afraid to lend so everything else goes down too.  Tol is a premiere home builder.  When it goes into collapse, the sector will too.