Kevin you rascal ! I covered EMLX for 11+pts yesterday Message 15279350
you know I don't care what direction the market goes in , or whether it is time to be an investor! Looks like it's churning at best . We'll be trading in a range here with sector rotation and chop....you can bet on it for a while. But who's got time for being a prophet ? Just riding the rotation game , and enjoying being the ride .
Until there comes a catalyst that allows investors to condifently look out beyond 6mos, with Greenie's fixes , tax-cuts, energy problems addressed, and we see ability for companys to rev up their engines again. And the avoidance of recession. 12 months out will tell the tale.
Box-makers , Auto makers and god knows what else are dead in the water looking out from here. Best you can say here is "Churn baby churn"....until earnings season is over? whither then?(vbg)
Focus today was continued weakness/prof-taking in the Bios (fave PDLI, MLNM. MYGN HGSI) , SCMR, NTAP shorts ( & nice botto-bounce)Continuing shorting of YHOO and AMZN...
...and if we rise ? I'll rise with it , on a trading rotational basis. ( B2B's stagnant here)
*MCDT has 14mil lock-up monday $60 looked good for initial position.
;-)
*Lets looks for gems , for many companys will not transition well into this new shake-out of that far-off promise~land of milk and honey NASD 3500 you dream of , ROFL |