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So What Has Changed?


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#1 SemiBizz

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Posted 04 August 2007 - 11:18 AM

http://bigcharts.mar...&mocktick=1.gif



Not too long ago, I recall a line posted on one of the chat boards..."How come as a bear, I get minutes to cover (V Bottom), but the bulls have ALL DAY LONG to sell?" As you can see from the chart above, you don't have much time to sell your longs, if the target hits you better be out quick, but NOW you have ALL DAY LONG to cover.... It's the inverted-V top (^). We're going to be seeing a lot of them... :bear:
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#2 beta

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Posted 04 August 2007 - 12:52 PM

Hi SB, Based on both fundamentals and technicals, specialty retailers look like good short-and-hold bets here. RTH just starting to dive, and could swiftly be in the mid-80's. Some names Im looking to short on a "B" bounce: GES, WSM, BBBY, COH, KSS, CPK. Consumer discretionary spending is sooo over ...

Edited by beta, 04 August 2007 - 12:53 PM.

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