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from a close low of 1406 add 3% and you are 42 points
we already reach 1450
using tomorrow up 100 to 125 to short
Ben
----- Original Message -----
From: BobsKC
Date: Thursday, August 16, 2007 2:33 pm
Subject: Re: [RT] Time to cover the shorts??
To: realtraders@xxxxxxxxxxxxxxx
> I have just closed my shorts and am now entering some of the
> beaten
> down commodity stocks such as TCK which has huge asset to
> liability
> balances and a PE of 7. Still, I am holding on to 70% cash.
>
> Bob
>
> At 10:52 AM 8/16/2007, you wrote:
> >The way the charts look the current leg of the downside(if
> there is
> >more to come that is) does seem more or less done.
> >
> >Not a case of hoping against hope but wondering if it is time
> to
> >take money off the table in case of standing short positions.
> >
> >R
> >
> >
> >
> >
> >
> >Boardwalk for $500? In 2007? Ha!
> >Play
> >Monopoly Here and Now (it's updated for today's economy) at
> Yahoo!
> >Games.
>
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