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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (6962)3/24/2005 2:59:13 PM
From: Walkingshadow   of 8752
 
Dunno about any bad news, other than the general bad news that sent KKD down the road to ruination a year ago. Not much has changed significantly since. That hound can't hunt no more....

I shorted it because it rallied way too strongly into resistance, suggesting a short squeeze. And it showed evidence of reversal at resistance. A very high probability short, IMHO.

KKD is down about 4 or 5% on the day and looking rather unhealthy last I checked.

T
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