MG, Alice Through the Looking Glass
Yup, the chart looks sick. It needs some drugs, and some retail, and some financial help.
A post I put on the MDA thread earlier today:
Message 11142069
My Phleet got obliterated today by the softer side of S. My fault, as it gave me a chance to get out even yesterday and I foolishly declined. Note to self -- stop doing that! So it looks like the Phleet will have to drift aimlessly for a while. At least until folks figure out that if the stock had the valuation it did last Fall with 9803 EPS of .17, maybe .62 is not all that bad.
Personally, I took the hit. Note to self -- It's hard to make money when you take 10% hits! So, this afternoon I was just trading BBY. I got to get back to that as it sure works better. Actually managed to wind up holding it overnite with a last entry of $60 7/8. In any case, it sure looks like the clear mover -- up and down -- in that sector. While I previously noted that I thought their earnings were going to be a problem for this quarter, even I was surprised by the extent of the Market reaction.
Wellington is said to have remarked: Next to a battle lost, the sadest thing is a battle won. I'm not a good loser!
A Wounded TB but Still on the Field of Battle |
