Monday, February 26, 2007
Closing Comments
Despite my horrific timing in SU, I was up .53% today-- partly due to gains in RIMM, MVIS and NTRI. However, I am starting to feel as if the market is a little long in the tooth. Plus, with Greenspan the asshole yapping about recession in '07, the sellers may press their luck this week-- and cut the tongues out of a few bulls.
With that being said, I will probably sit on my hands this week, and wait for a clear direction.
Shorting stocks is simply not an option-- considering private equity will buy just about anything right now. So, the only logical thing to do, according to my analyst, is to go long HANS.
Now, putting my nuts in the HANS vice can be very painful-- if the company disappoints. But, I feel the company is clicking on all cylinders and will smoke the estimates.
Or, maybe my excessive consumption of Monster Energy Soda is blurring my ability to invest, wisely.
Nonetheless, we will find out tomorrow.
NOTE: LOCM beat estimates, but is down in AH's trade. Look for the stock to reverse to the upside tomorrow.
With that being said, I will probably sit on my hands this week, and wait for a clear direction.
Shorting stocks is simply not an option-- considering private equity will buy just about anything right now. So, the only logical thing to do, according to my analyst, is to go long HANS.
Now, putting my nuts in the HANS vice can be very painful-- if the company disappoints. But, I feel the company is clicking on all cylinders and will smoke the estimates.
Or, maybe my excessive consumption of Monster Energy Soda is blurring my ability to invest, wisely.
Nonetheless, we will find out tomorrow.
NOTE: LOCM beat estimates, but is down in AH's trade. Look for the stock to reverse to the upside tomorrow.
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RIMM and NTRI are great short squeezers. Is 'squeezers' a word? Sounds gay. I will never use it again.
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