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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (28333)3/10/2005 10:21:16 PM
From: kailuabruddah  Read Replies (3) of 110194
 
I think much of the gaming sector is in the process of giving us topping action:

PENN
MGG
WYNN
SHFL
SGMS
AZR

That "should" be one of the sectors that feels some pain with the pending consumer (Bully in particular!) slowdown... Even Bully can't like the yields rising in the 5 and 10 Years...

WCI is indeed a leveraged play on 2nd homes in Florida:

wcicommunities.com

Short Interest Ratio has gone from 12 days in SEP to 6 days in FEB while the stock has gone from 20 up to 35 - so, many shorts have thrown in the towel... but, today was only the first trip below the 50-Day MA, so a better entry point will be a few weeks from now...

SBUX is another consumer-slowdown bet (with chart technicals allowing for a good entry point)...

Unless COF fills its 80-81 gap, I think you are safe with your April puts...
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