Monday, July 30, 2007
Die Shorts, Die.
Short covering rally, coupled with "fuck you, I'm rich" buying.
Get your bayonets ready.
Get your bayonets ready.
Comments:
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The rally would be more impressive if there was better volume... volume will come in less than Friday's sell-off.
At least a lot of the leaders are rallying. FSLR just went gangbusters. Would be nice to see a good earnings report there.
-DT
At least a lot of the leaders are rallying. FSLR just went gangbusters. Would be nice to see a good earnings report there.
-DT
dont worry about missing this rally ... its likely we retest fridays lows if not break them ... but this rally will show you what stocks will work going forward, so do some homework tonight just in case the bears are hungry tomorrow morning or soon enough
Good advice, Bruce.
Look at a lot of stocks that rallied big today... MA, GRMN, DE... and loads more. The volume on these rallies was pretty weak considering the moves. I think this is a lot of short covering, not aggressive buying to own.
But that last statement could be complete bullshit.
-DT
Look at a lot of stocks that rallied big today... MA, GRMN, DE... and loads more. The volume on these rallies was pretty weak considering the moves. I think this is a lot of short covering, not aggressive buying to own.
But that last statement could be complete bullshit.
-DT
also the infrastructure plays had nice moves today & I think can be bought next selldown - SGR FWLT FLR JEC ABB MDR
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