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Fw: [RT] Time to cover the shorts??



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John,
Below was his post on 8/16/07 at 1:28pm mid-day entering the position.  As it turned out that day posted the recent intra-day low (see attached).   He did not post the size bought, but in the past I recall he is in the 3k range.  Other than that looks "above board" John.
Don Ewers
 
----- Original Message -----
From: BobsKC
Sent: Thursday, August 16, 2007 1:28 PM
Subject: Re: [RT] Time to cover the shorts??

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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Attachment: TCK.gif
Description: GIF image