Hi Cowboy
Yeah, oh geez I was not happy....The horse looked and acted great, till the jockey ran him right into another horse on the first turn...
I couldn't believe it..Last race he sat in the gate, this time he broke good and was pulling the jock up on his own..You would think they could steer these animals a little better...oh well that's horse racing!!!!
I'm going down next week, and we'll probably run him back right away, he sure hasn't extended himself much!!!
I got a nice hair cut yesterday in the OEX, I sold early but, not early enough:{...The market look very sick...I turned bearish last week, and now Ralphy Acompoo poo did too...
I'm looking down the road next year...a possible World Wide Recession could happpen IMO...I'm waiting till after Jan earnings to take ANY positions, and will play the downside all the way till then...
DELL looks good for shorting...and so does a lot of other stocks...SEA will pull in their spending alot next year, both from the consumer side and business side..both BIG negatives for all US co's doing biz there...it will spill over to Europe and South America too...DELL and all co's will get hurt everywhere, not just their 6% in Asia...
Bear Market???? we could be in something a lot worse than that...I think our IRA's and 401 K's & portfolios are all in jeopardy...everyon should take a very hard look at their holdings...Cash is King, and so is bonds and treasuries...
This will get a lot worse before it gets better....
Not a good senario Nemer, but that's what I see, Regards, Jer |
