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OklaBoston (66.92)

Cover shorts in LLL

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January 22, 2009 – Comments (0)

The fact that my raing here has gotten higher than I ever thought it would is making me bold enough to offer unsolicited advice about real-money portfolios. More specically that what I see on the stockcharts convinces me that it is probably time to cover any shorts you might have in this stock. That's not the same as a BUY reccommendation,BTW. The stock looks to me like it's going to get "whipsawed" for several monhs, maye even a year, so it's probably too early to go long in it. But the bears have probably made as much as they're going to already, so they should seek to avoid getting greedy.

Happy investing, whether you agree or disagree wih this opinion!

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