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I said that on purpose- I wanted the longs tohave a good weekend :)I covered today when Isaw the pressure building. There were a lot of largebuys going through this morning. I think I'llstick to retail stocks for the time being.....
Yoda,here is a little prophesy for you, nowthat you covered ROOM will fall.I honestlybelieve that. Maybe 1 more up day and thendown.Why? I think you are a type of invesor/traderwho buys high and sells low. You panic at thetop/bottom depending on your position.I am going toshort, On Monday, at the close, if ROOM has one more upday. If it goes down on Monday, I'll stayaway.The buys were going through because it broke it's 52week high. This is type of action that brings momentummo-mos who can stand only one more day of advance andthen they'll dump.I say give me one more upday and I'll short.momma
Don't forget your own words of a few daysago:"I still don't understand why anyone wants to shortROOM. It doesn't matter what it is and how it's valued.It is simply an uncompeling short. It's also anuncompelling long.It's just a stock toavoid."2 3/4 points later and it becomes a compellingshort?