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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (2885)10/4/2007 3:08:07 PM
From: The Reaper  Respond to of 6370
 
Bullish engulfing candle on GLD if the price holds to the close. 139.142.147.19



To: Bill Wexler who wrote (2885)10/5/2007 4:19:11 PM
From: Bill Wexler  Read Replies (4) | Respond to of 6370
 
CTX, CFC, USG, and MTH are heading higher. I've have never seen so many amateur short-sellers pile in so frantically.

Check out the tone of this post on one of the housing crash blogs:

housingpanic.blogspot.com

I have to admit, it was scary for me to take off my tin-foil-hat, but this tape is going to steamroll the shorts becuase these stocks are going to recover long before they start seeing enough anecdotal evidence that housing is stabilizing.


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