Allow me to limber up while I pat myself on the back – – or at least pat technical analysis on the back – – because, earlier today, I was vaguely remembering I had written a post that said something like “oil producers are the new gold miners”. With oil producers plummeting so consistently, I wanted to dig it up. Well, it didn’t take long – here it is.
I wrote earlier this month about the Whole Foods imitators whom I think are, frankly, pretty lame. Sprouts springs to mind, and I’ve lost my fear of being short stuff that’s at lifetime lows. Consider if you’d like to join me. I’m sitting tight.
I was thumbing through one of my more obscure watch lists last night while holed up on a rainy Manhattan evening, and I noticed some of the ideas I’ve offered up in months past have really been taking nice tumbles. Such as….Allot Communications (ALLT) which I predicted would go down…….ummm……..”a lot”. Heh.