Monday, November 10, 2008

Things may change

but after two years trading I'm finally listening to myself and shorted the market as GS couldn't maintain an uptick.

I wrote last night that DWA is bullish and still maintain that as long as the double bottom is in place. The market didn't know that Madagascar 2 would be a hit, but this market has shown another indicator on how weak it is for DWA to be down today on such great news; especially for a sequel of a film nowhere nearly on the level Shrek was.

I am buying it today as well as betting that LGF has a relief rally, but I don't have my hopes up.

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