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10/02/2009

This Is What I Mean........

........when I speak of now being not a fantastic entry point for shorts, but long-term, it hardly making much difference.

Below is one of nearly 200 stocks that have similar characteristics. Namely: (a) wonderful long-term potential for a drop (b) the opportunity to push up a little higher next week for a better entry.

I'm in this position, and my stops on all my positions remain pretty loose. Should we have a rally next week - - and the last 90 minutes of today should be MIGHTY interesting - well...........you are going to see one happy bear here.

1002-CSX

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