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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (181947)	2/5/2009 11:27:29 AM
From: ChanceIs	Respond to of 306849

RE: ROST Your arguments are sound regarding everything getting sucked down. There is still a lot of denial out there and/or previous short covering. ROST might be a good day trade on the dark side right now @ $30.50 up 8% since the open. I think I will wait and see if it gets up resistance at around $32. I don't see anyway it would get therough the 200 day line at $34. I will watch carefully if/when it gets near. If it tries and fails it should be a really good dark side opportunity.