I got in late Monday long KBH (homebuilder)...

Fed cut interest rates and stocks across the board shot higher. I stayed long waiting to get out of KBH sometime tomorrow. I'm anticipating a push upward in the broad market, then unloading my position. I will more than likely put a short position in on Tol or Kbh in the afternoon, but need to watch the overall market activity. Timing here is key. If the market looks strong late in the day, I'll hang in for an extra if need be.