Archie's Corner

[mmayr]

Arch,

I was looking at HRCT's charts last night for about 1/2 hour. The chart is about as crazy as their shareholders LOL. At any rate, I feel a shakeout coming on. Hopefully those that get shaken will put limits to their sales. Those that are buying will probably do well to set a buy limit. . .as well. I think I'll just watch that one, for now.

If you get a chance. . .do some homework on SMMT. Someone out there is trying to push that one (I received a message from a friend). Other than that. . .short the DOW stocks that are trading at high multiples. . .LOL. I took a look at the DOW's 10 year chart and I don't believe the DOW will sustain the 10,000 level with the present world economy. Particularly since I can't remember a time when a repulican presidency was successful in stimulating the U.S. markets. At some point in time the U.S. is going to have to cut back on imports.

Peace,

M&M Man