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Daily picks, 03/03: Short side interest |
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Written by Gary B. Smith
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Wednesday, 03 March 2010 07:19 |
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Boy, the market is really having a tough time with that uptrend line. Everytime it attempts to bridge it, it gets beaten back, frustrating the bulls to no end.
So, what to do? Very little at this point. The market isn't strong enough to chomp on many longs and not nearly weak enough to go wholesale short. So, pretty much we wait.
In my daily commentary, I mentioned there wasn't much to do. That's pretty much the case, although if you're going to err to one side, then I think the short side is the way to go. Given that, I have two candidates today that look ripe for further downside. First up is ...get full access to this article by
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And that is the final word from Los Angeles, where I didn't want to like it, but The Marriage Ref is pretty darn funny.
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