If you're short, I'm the sucker going long....

Wednesday, February 13, 2008

revised my target to 135.30

2 comments:

new comer said...: that's wired, I swear i have posted a comment but it didn't come out. Anyway..

Today the retail sales are higher than expected and this lead Dow is up about 100 points, however, when you look into the report you might realise that actually the gain are mostly due to the increase of fuel expense (a higher fuel price) and not from the dept store, the same store sales is only increase 0.5%. Therefore I am expected a late day sell off after people have a second thought on this.; February 13, 2008 at 10:38 AM
Eric said...: I'm hoping for a series of lower highs as the day progresses....

but i'm almost getting it take to me like a baby Seal...

Thanks for coming by...

I agree and we do see continued weakness in banks.

but I have no doubt we will bounce around 50-100 pts on the dow.

this continues to be a low volume rally....

Which is pissing me off....
:); February 13, 2008 at 12:09 PM

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