Timmothy Posey

Short Covering Helps Boost Stocks

But, But, But.... Jim Cramer said there weren't much Short Covering today! He's ALWAYS right! :)

We will have another "sucker's rally" and triple bottom (as we did in late 2002 and early 2003) before we're back off to the races. In the meantime I'm selling into the rally, and shorting on the way down with SDD, all while steadily building a war chest for 2009... :)