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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: mishedlo who wrote (6226)1/12/2007 4:11:08 PM
From: TH   of 6873
 
mish,

Nice. Where were you when I needed you in October (before I got short) <g>

I've been diggin in the homie charts too, and I think the retrace is now complete.

And, for being short the homies since October, I'm not down very much at all (but I am down and RYL is the most painful by far).

My hunch is that the distribution game is coming to an end, as the next reporting period (which starts in about ten days) is going to have some major players bleeding red, and I would wager very few bottom callers (outside of Bob Toll, who as a carp is prone to label everything a bottom, or rather a "good time to buy or sell").

Have a good weekend
TH
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