Stocks Will Continue to Erode In This Busted Economy [View article]
Nice to see you're paying attention, Andy. I just wanted to point out that it appears is too late for the aapl short trend: we have seen dozens of articles advising shorting aapl in the last two weeks, which meant that that directional trend would likeley see a reverse based on the popularization of the strategy. Today we the the opposite trend being rechristened by the usual suspects: biz.yahoo.com/ap/08112... It looks to me like aaple is going to settlle at a higher price range, around 90, until January. Unless ofcourse this is not the end of the beginning.
Hedge Fund Tracking: Lee Ainslie's Maverick Capital, Q3 2008
[View article]
Maverick as in John McCain, pronounced by Sarah Palin as "Mäverick" or Maverick as in the T.V. show. Probably a Hybrid. Anything called maverick is TOAST in 2009! Poor folks who baught this dying horse and those who design there portfolios after what they see above.
Stocks Will Continue to Erode In This Busted Economy [View article]
I just wanted to point out that it appears is too late for the aapl short trend: we have seen dozens of articles advising shorting aapl in the last two weeks, which meant that that directional trend would likeley see a reverse based on the popularization of the strategy.
Today we the the opposite trend being rechristened by the usual suspects:
biz.yahoo.com/ap/08112...
It looks to me like aaple is going to settlle at a higher price range, around 90, until January. Unless ofcourse this is not the end of the beginning.
Hedge Fund Tracking: Lee Ainslie's Maverick Capital, Q3 2008 [View article]
Anything called maverick is TOAST in 2009!
Poor folks who baught this dying horse and those who design there portfolios after what they see above.