General Stock Ideas

[food4thought]

Bigworld,
I dumped my VXX short today with a hefty gain. I was looking for 28 as the near term bottom but think that 24-25 is possibly in the cards next week. I didn't want to chance some sort of cataclysmic event over the long weekend. I can't get over how quickly the analysts are now calling this as a bull market correction and that the bottom is in with a 20% summer bull rally just around the corner. How quickly they turn. Yesterday all looked so grim on CNBC throughout the day. All the pieces remain the same. I went short casinos again today and am getting ready to short the triple bull etf's that went thru the roof today. These swings are great money makers and hope they continue. I think shorting overrun sectors are the best way to go. I'm going to wait until next wed to see how the market reacts near the 200 mda. Have a good holiday weekend, I'm starting early.