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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Bear Down who wrote (18759)2/28/2013 10:48:57 PM
From: 2MAR$  Read Replies (1) of 18998
 
You could see the preliminary HLF move starting yesterday off $35, Ackman doubly reemed today with JCP results though a nice contrarian bounce there was expected off 16's, Ackman forced to support his own doggie, gt it on all sides.

The UVXY made for another exciting trade entered off $10 later day after this artificial ramp on the SPY conked out, one wonders just how any fools they think are out there to buy these stocks trading up at these highs now?

As an example for all the glowing up grades PCLN gapped & faded 17pts yesterday from lower dub;e top t 710 gap high and down another 17pts today, to 680 before bouncing with the SPY later, central bankers confident speeches in more stimulous action just makes one think things are more fragile than ever and all but priced in.
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