I have never shorted DELL and don't plan on it! I don't ever try to time the market perfectly but the last two days was not due to new money entering the market as so much as it was short covering,IMO. We always experience a short covering rally before what can be deemed major news. Since the news was so called good, we experienced another jump. The afternoon was horrible for most issues today. DELL held very well but not many others. Personally,(IMO) the GDP number WAS inflationary and when it is disected, they will see that trouble is still out there.
DELL is DELL. I still have some cash left and am comfortable with that position!! I am up 3 digits, thank the good lord, this year and don't want to do anything silly here! This next month is scary on a TA sense, thus the reason to hedge my long positions today!
As far as the Sabres go, well, one shift at a time! My life story is basically summed up in the phrase, "I don't buy green bananas!" One day at a time, work hard, play hard! Don't get cocky, just keep working hard.
See ya friend!
Rich
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